Sophos Group PLC to Issue Dividend of $0.02 (SOPH)
Sophos Group PLC (LON:SOPH) declared a dividend on Wednesday, November 7th, Upcoming.Co.Uk reports. Investors of record on Thursday, November 15th will be given a dividend of $0.02 per share on Friday, December 14th. This represents a dividend yield of 0.35%. The ex-dividend date is Thursday, November 15th. The official announcement can be viewed at this link.
Shares of Sophos Group stock opened at GBX 338.60 ($4.42) on Friday. Sophos Group has a fifty-two week low of GBX 258.70 ($3.38) and a fifty-two week high of GBX 675.62 ($8.83).
Several brokerages recently weighed in on SOPH. UBS Group reissued a “buy” rating and issued a GBX 440 ($5.75) price objective (down from GBX 645 ($8.43)) on shares of Sophos Group in a report on Friday. Deutsche Bank lowered their price objective on Sophos Group from GBX 530 ($6.93) to GBX 370 ($4.83) and set a “hold” rating for the company in a report on Thursday. Liberum Capital lowered their price objective on Sophos Group from GBX 530 ($6.93) to GBX 400 ($5.23) and set a “buy” rating for the company in a report on Wednesday. Shore Capital reissued a “buy” rating on shares of Sophos Group in a report on Monday, November 5th. Finally, Credit Suisse Group reissued an “outperform” rating on shares of Sophos Group in a report on Thursday, November 1st. Three investment analysts have rated the stock with a hold rating and eight have given a buy rating to the company’s stock. Sophos Group currently has an average rating of “Buy” and an average target price of GBX 553.67 ($7.23).
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About Sophos Group
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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