Sophos Group (SOPH) Price Target Cut to GBX 630 by Analysts at Deutsche Bank

Sophos Group (LON:SOPH) had its target price decreased by Deutsche Bank from GBX 700 ($9.32) to GBX 630 ($8.39) in a note issued to investors on Friday. The brokerage presently has a “buy” rating on the stock. Deutsche Bank’s price objective would suggest a potential upside of 23.29% from the company’s current price.

A number of other research firms also recently weighed in on SOPH. Numis Securities upped their target price on Sophos Group from GBX 570 ($7.59) to GBX 580 ($7.72) and gave the stock a “hold” rating in a report on Friday, May 18th. Credit Suisse Group upped their target price on Sophos Group from GBX 700 ($9.32) to GBX 750 ($9.99) and gave the stock an “outperform” rating in a report on Monday, June 25th. Deutsche Bank reiterated a “buy” rating on shares of Sophos Group in a report on Friday, May 18th. Shore Capital reiterated a “buy” rating on shares of Sophos Group in a report on Thursday, May 17th. Finally, Jefferies Financial Group reduced their target price on Sophos Group from GBX 865 ($11.52) to GBX 750 ($9.99) and set a “buy” rating on the stock in a report on Tuesday, May 8th. One investment analyst has rated the stock with a hold rating and seven have assigned a buy rating to the company’s stock. Sophos Group currently has an average rating of “Buy” and an average target price of GBX 676.67 ($9.01).

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Sophos Group opened at GBX 511 ($6.80) on Friday, Marketbeat Ratings reports. Sophos Group has a fifty-two week low of GBX 258.70 ($3.44) and a fifty-two week high of GBX 675.62 ($9.00).

In other news, insider Steve Munford sold 400,000 shares of the business’s stock in a transaction that occurred on Wednesday, May 23rd. The stock was sold at an average price of GBX 561 ($7.47), for a total value of 拢2,244,000 ($2,987,618.16). Also, insider Nick Bray sold 4,385 shares of the business’s stock in a transaction that occurred on Thursday, June 14th. The stock was sold at an average price of GBX 592 ($7.88), for a total value of 拢25,959.20 ($34,561.58). Insiders have sold a total of 412,022 shares of company stock worth $231,356,647 in the last quarter.

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.

Here's the Only Way to Play President Trump's Trade Wars

Tom Gentile

In case you've missed the news, President Trump's trade wars have officially begun.

After months of circulating rumors and political rhetoric, a 25% levy on $34 billion of Chinese goods entering the United States took effect just after midnight on July 6.

And neither side is showing any signs of backing down, as China immediately slapped U.S. shipments with "retaliatory" tariffs.

Now, as you might guess, this could cause quite the disruption in an already volatile and uncertain market – especially when you don't know when the next set of retaliatory tariffs might hit.

So here's everything you need to know to survive even the worst of the trade wars…

A New Way to Trade

Over the last few weeks, I've sent you trading strategies to help you navigate any kind of market.

But today, I want to focus on options.

Now, we all know about the opinions surrounding them: Stay away from options, options are too big of a risk, and more. But the truth is, options are the best way to make money in any market. Yet there's a right way and a wrong way to�approach these lucrative opportunities.

And it starts with this one, simple rule: Plan your trade and trade your plan.

This sounds easy enough – and it is.

But there's a little more to managing your trades than you might initially think…

Trade management involves using price and time targets to maximize your profits and minimize your losses. And the best way to do that is to establish these targets first.

Your price target is the price you need the stock, exchange-traded fund (ETF), commodity, or whatever you're trading to hit in order to capture profits. Your time target is the time frame in which you need to hit your price target. You can set both of these targets easily by looking at a stock's past price moves and patterns and eyeballing the time frames in which the price moves you need�have�happened.

When you've got your plan in place and stick to your guns, you can feel confident about what you're doing and can set yourself up to make money no matter if the markets go up, down, or sideways. It also allows you to remove the emotion from trading and investing that can potentially sabotage your profit opportunities. It gives you control of the markets instead of leaving you at their mercy.

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You shouldn't change the way you trade regardless of the market temperature. So shut out the fear of missing out, the talking heads, the flashing red headlines, and the constant dialogue about the "next big market crash" – and follow your rules and strategies.

The profits will come quicker than you can imagine.

But that's not the only little trick to success.

It's easy to know your rules once you get into a trade – but knowing which position is best to take can be harder.

Don't worry – I've got you covered…

Join the conversation. Click here to jump to comments…

Tom Gentile

About the Author

Browse Tom's articles | View Tom's research services

Tom Gentile is one of the world's foremost authorities on stock, futures and options trading.

With more than 25 years' experience trading stocks, futures, and options, Tom's style of trading systems and strategies are designed to help individual investors propel themselves past 99 percent of the trading crowd.

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