Sage Group PLC (OTCMKTS:SGPYY) Receives Consensus Rating of “Moderate Buy” from Analysts

Sage Group PLC (OTCMKTS:SGPYY) has received an average rating of “Moderate Buy” from the seven brokerages that are covering the firm, Marketbeat.com reports. Two investment 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.

SGPYY has been the topic of several research analyst reports. Jefferies Financial Group reissued a “buy” rating on shares of Sage Group in a research report on Wednesday, July 29th. Deutsche Bank Aktiengesellschaft reiterated a “hold” rating on shares of Sage Group in a research note on Thursday, July 30th. Morgan Stanley reissued an “overweight” rating on shares of Sage Group in a report on Friday, July 10th. Finally, Citigroup restated a “buy” rating on shares of Sage Group in a research report on Thursday, July 30th.

Sage Group Stock Performance

Shares of OTCMKTS SGPYY opened at $54.44 on Thursday. The stock’s 50 day moving average price is $46.09 and its 200-day moving average price is $46.87. Sage Group has a twelve month low of $41.80 and a twelve month high of $64.45.

About Sage Group

Sage Group plc is a global provider of business management software and services tailored primarily to small and medium-sized enterprises. The company delivers a suite of cloud-based and on-premises solutions designed to simplify accounting, payroll, human resources, enterprise resource planning (ERP) and payment processing. Through its flagship Sage Business Cloud platform, Sage enables customers to manage financials, operations and workforce activities via integrated applications and data analytics.

The company’s product portfolio includes accounting and invoicing tools, payroll management systems, payment solutions and HR management software.