Shares of The Sage Group plc (LON:SGE) have been assigned an average rating of “Hold” from the seventeen ratings firms that are presently covering the stock. Six equities research analysts have rated the stock with a sell rating, five have given a hold rating and six have issued a buy rating on the company. The average 12 month price target among analysts that have updated their coverage on the stock in the last year is GBX 640.69 ($7.93).
Several analysts have weighed in on the company. Deutsche Bank AG reiterated a “buy” rating and set a GBX 760 ($9.41) price target on shares of The Sage Group plc in a research note on Wednesday, July 27th. JPMorgan Chase & Co. reiterated an “overweight” rating and set a GBX 700 ($8.66) price target on shares of The Sage Group plc in a research note on Wednesday, July 27th. Canaccord Genuity boosted their price target on The Sage Group plc from GBX 620 ($7.67) to GBX 650 ($8.04) and gave the company a “hold” rating in a research note on Tuesday, July 26th. Panmure Gordon reissued a “hold” rating and issued a GBX 661 ($8.18) price objective on shares of The Sage Group plc in a report on Friday, August 5th. Finally, Bryan, Garnier & Co boosted their price objective on The Sage Group plc from GBX 600 ($7.43) to GBX 690 ($8.54) and gave the company a “sell” rating in a report on Wednesday, October 12th.
The Sage Group plc (LON:SGE) opened at 723.00 on Wednesday. The stock’s market cap is GBX 7.78 billion. The firm’s 50-day moving average price is GBX 734.14 and its 200 day moving average price is GBX 664.58. The Sage Group plc has a 12-month low of GBX 522.00 and a 12-month high of GBX 761.00.
About The Sage Group plc
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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