Liberum starts Sophos at 'buy', says growth concerns overdone
17th Oct 2018 10:33
(Sharecast News) - Sophos got a boost on Wednesday as Liberum initiated coverage of the security software and hardware company with a 'buy' rating and 530p price target, saying it expects billings to return to fast growth in the second half.
Read moreMonday broker round-up
17th Sep 2018 15:10
(Sharecast News) - Sophos: Deutsche Bank downgrades to hold with a target price of 530p.
Read moreSophos slumps on Deutsche Bank downgrade
17th Sep 2018 09:14
(Sharecast News) - Security software and hardware company Sophos was under the cosh on Monday as Deutsche Bank downgraded the stock to 'hold' from 'buy' and slashed the price target to 530p from 630p amid rising competition and as guidance looks challenging.
Read moreFriday broker round-up
14th Sep 2018 15:10
(Sharecast News) - SafeChange: Barclays upgrades to overweight with a target price of 420p.
Read moreDirector dealings: Sophos chief executive lowers stake
10th Aug 2018 15:18
(Sharecast News) - Kris Hagerman, chief executive of cybersecurity firm Sophos, disposed of 468,494 shares in the firm on Friday.
Read moreMonday broker round-up
30th Jul 2018 13:17
(Sharecast News) - Sophos Group: Numis upgrades to add with a target price of 580p.
Read moreSophos slips as billings growth slows, renewal rate drops
26th Jul 2018 10:11
(Sharecast News) - Sophos Group saw reported that its cash EBITDA for the first quarter of its financial year fell 26% to $20.3m, as group billings saw their momentum falter.
Read moreSophos to buy US software company for $120m, improves outlook
8th Feb 2017 07:45
(ShareCast News) - Cyber security firm Sophos is to buy US software company Invincea for up to $120m in order to consolidate its position in the growing next-generation firewall market, while it said that billings and revenue grew in the third quarter and offered an improved outlook for the year. Th
Read moreRevenue rises but losses widen at Sophos
9th Nov 2016 07:56
(ShareCast News) - Cloud-enabled end user and network security solutions provider Sophos Group issued its interim results for the six months to 30 September on Wednesday, with like-for-like billings up 15.1% year-on-year to $282.3m. The FTSE 250 company said new customer billings were up 19.9% year-
Read moreSophos says US jury awards Finjan $15m in damages
22nd Sep 2016 09:01
(ShareCast News) - FTSE 250 security software company Sophos Group said the jury in the lawsuit brought by cybersecurity firm Finjan has awarded Finjan a one-time damages payment of $15m. The jury found that Sophos infringed on five of Finjan's patents. "This verdict represents the next step in an
Read moreFTSE 250 movers: Sophos, Thomas Cook and Auto Trader lead gains
8th Sep 2016 14:53
(ShareCast News) - The FTSE 250 was pretty much flat late into Thursday's session, with security software group Sohpos leading the way thanks to read-across from elsewhere Oxford-based Sophos, which is holding its annual general meeting next week, hit a six-month high on the day that FTSE 100 liste
Read moreSophos' first quarter revenue rises
28th Jul 2016 11:22
(ShareCast News) - Cloud security provider Sophos' first quarter revenues grew due to an increase in subscription revenues. In a trading statement for the three months ended 30 June, the company reported a 12.2% rise in revenue year-on-year to $127.4m, a 11.9% increase at a constant currency basi
Read moreHouse prices grow in July but too early to tell Brexit impact, says Nationwide
28th Jul 2016 10:24
(ShareCast News) - House price growth was steady in July but it's too early tell if there is any impact from Brexit, according to Nationwide on Thursday. The Nationwide building society price index showed that house prices increased by 0.5% month-on-month in July, above the consensus 0.0% and com
Read moreFTSE 250 movers: Broader rebound outweighs ongoing housing rout
30th Jun 2016 15:29
(ShareCast News) - The FTSE 250 continued to rally on Thursday alongside its blue chip sibling as a broad-based rebound across sectors outweighed continued softness for housing-related stocks after the Brexit vote. Half an hour before the close, the FTSE 250 was up 0.65% to 16,106.31. Some of t
Read moreSophos reports better-than-expected first quarter
29th Jun 2016 07:55
(ShareCast News) - Network security solutions company Sophos updated the market on its first quarter trading on Wednesday, and said it was looking at billings above board expectations. The FTSE 250 firm said like-for-like billings growth is expected to be in the range of 20% to 23% year-over-year.
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