Sage Group PLC (OTCMKTS:SGPYY) Given Average Rating of “Moderate Buy” by Brokerages

Shares of Sage Group PLC (OTCMKTS:SGPYY) have earned a consensus recommendation of “Moderate Buy” from the seven analysts that are presently covering the company, Marketbeat Ratings reports. Two analysts have rated the stock with a hold rating, four have given a buy rating and one has assigned a strong buy rating to the company.

Several analysts recently issued reports on the company. Deutsche Bank Aktiengesellschaft reissued a “hold” rating on shares of Sage Group in a research note on Thursday, July 30th. Jefferies Financial Group reaffirmed a “buy” rating on shares of Sage Group in a report on Wednesday, July 29th. Morgan Stanley reissued an “overweight” rating on shares of Sage Group in a report on Friday, August 21st. Finally, Citigroup restated a “buy” rating on shares of Sage Group in a research report on Thursday, July 30th.

Sage Group Price Performance

Shares of Sage Group stock traded down $1.28 during trading hours on Friday, hitting $54.05. The company’s stock had a trading volume of 1,714 shares, compared to its average volume of 60,691. The business has a 50 day moving average price of $53.52 and a two-hundred day moving average price of $48.67. Sage Group has a 12-month low of $41.80 and a 12-month high of $63.09.

Sage Group Company Profile

The Sage Group plc is a United Kingdom-based technology company that provides business management software and services for small and mid-sized businesses. Its products are designed to help organizations manage core administrative and financial functions, including accounting, payroll, human resources, payments and enterprise financial management.

Sage offers cloud-based and connected software solutions, including Sage Business Cloud products and Sage Intacct, along with related services such as payroll processing, compliance support and financial reporting.