Credit Suisse Group cut shares of Sophos Group (OTCMKTS:SPHHF) from an outperform rating to a neutral rating in a research note published on Thursday, The Fly reports.
Other research analysts have also recently issued reports about the stock. ValuEngine cut shares of Sophos Group from a buy rating to a hold rating in a research note on Tuesday, October 15th. JPMorgan Chase & Co. raised shares of Sophos Group from a neutral rating to an overweight rating in a research note on Tuesday, July 2nd. Jefferies Financial Group cut shares of Sophos Group from a buy rating to a hold rating in a research note on Monday, October 14th. Zacks Investment Research cut shares of Sophos Group from a buy rating to a hold rating in a research note on Tuesday, September 17th. Finally, Stifel Nicolaus cut shares of Sophos Group from a buy rating to a hold rating in a research note on Monday, October 14th. Five equities research analysts have rated the stock with a hold rating and one has issued a buy rating to the company’s stock. The company currently has a consensus rating of Hold and an average target price of $5.25.
Shares of OTCMKTS:SPHHF opened at $7.28 on Thursday. The company’s 50 day simple moving average is $5.03 and its 200 day simple moving average is $4.93. The stock has a market capitalization of $3.41 billion, a price-to-earnings ratio of 52.00 and a beta of 0.40. The company has a debt-to-equity ratio of 1.94, a current ratio of 0.67 and a quick ratio of 0.65. Sophos Group has a 1 year low of $3.90 and a 1 year high of $9.08.
Sophos Group Company Profile
Sophos Group plc, through its subsidiaries, provides cloud-enabled end-user and network security solutions. The company offers XG Firewall, a next-generation firewall protection for network, users, and applications from new control center; SG UTM, a user interface to protect network and users; Secure Wi-Fi, a wireless access point; Secure Web Gateway for Web security; Secure Email Gateway solutions; and Phish Threat, an email phishing test simulation and training product.
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