Bryan, Garnier & Co restated their sell rating on shares of The Sage Group plc (LON:SGE) in a research note issued to investors on Friday. Bryan, Garnier & Co currently has a GBX 600 ($7.83) price objective on the stock.
Several other equities research analysts have also issued reports on SGE. Deutsche Bank AG reissued a buy rating and set a GBX 760 ($9.92) price objective on shares of The Sage Group plc in a research note on Wednesday, July 27th. JPMorgan Chase & Co. reissued an overweight rating and set a GBX 700 ($9.14) price objective on shares of The Sage Group plc in a research note on Wednesday, July 27th. Canaccord Genuity lifted their price objective on The Sage Group plc from GBX 620 ($8.09) to GBX 650 ($8.48) and gave the company a hold rating in a research note on Tuesday, July 26th. Panmure Gordon reissued a hold rating and set a GBX 661 ($8.63) price objective on shares of The Sage Group plc in a research note on Friday, August 5th. Finally, Societe Generale lifted their price target on The Sage Group plc from GBX 465 ($6.07) to GBX 500 ($6.53) and gave the stock a sell rating in a research note on Monday, July 11th. Six equities research analysts have rated the stock with a sell rating, five have assigned a hold rating and six have issued a buy rating to the company’s stock. The Sage Group plc presently has an average rating of Hold and a consensus target price of GBX 635.06 ($8.29).
Shares of The Sage Group plc (LON:SGE) opened at 744.50 on Friday. The Sage Group plc has a 1-year low of GBX 511.50 and a 1-year high of GBX 761.00. The firm’s market cap is GBX 8.01 billion. The company’s 50-day moving average price is GBX 733.61 and its 200 day moving average price is GBX 659.77.
The Sage Group plc Company Profile
The Sage Group plc is a United Kingdom-based company, which provides small and medium sized enterprises (SMEs) with a range of business management software and services, including accounting, human resource (HR) and payroll, enterprise resource planning (ERP), payments, customer relationship management (CRM), mobility and business intelligence.
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