Numis Securities Ltd Boosts The Sage Group plc (SGE) Price Target to GBX 861
The Sage Group plc (LON:SGE) had its price objective upped by Numis Securities Ltd from GBX 813 ($10.69) to GBX 861 ($11.32) in a research note published on Thursday morning, MarketBeat reports. They currently have an add rating on the stock.
A number of other brokerages have also recently commented on SGE. Deutsche Bank AG lifted their target price on The Sage Group from GBX 700 ($9.21) to GBX 740 ($9.73) and gave the stock a hold rating in a report on Friday, November 17th. Bryan, Garnier & Co upgraded The Sage Group to a buy rating and boosted their price objective for the company from GBX 720 ($9.47) to GBX 830 ($10.92) in a report on Friday, September 22nd. Credit Suisse Group restated a neutral rating and set a GBX 700 ($9.21) price objective on shares of The Sage Group in a report on Tuesday, October 10th. Barclays PLC restated an equal weight rating on shares of The Sage Group in a report on Thursday. Finally, Canaccord Genuity restated a sell rating and set a GBX 585 ($7.69) price objective on shares of The Sage Group in a report on Wednesday, July 26th. Three analysts have rated the stock with a sell rating, five have given a hold rating and six have issued a buy rating to the company. The company has a consensus rating of Hold and a consensus price target of GBX 756.93 ($9.96).
The Sage Group (LON SGE) opened at GBX 804.50 ($10.58) on Thursday. The Sage Group has a 1-year low of GBX 594.99 ($7.83) and a 1-year high of GBX 809.50 ($10.65).
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About The Sage Group
The Sage Group plc is a United Kingdom-based company, which provides integrated accounting, payroll and payments solutions. The Company also provides the option of solutions hosted locally and accessed on-premise. The Company’s segments include Europe, which consists of France, the United Kingdom and the Ireland, Spain, Germany, Switzerland, Poland, Portugal and Sagepay; North America, which consists of the United States and Canada, and International, which consists of Brazil, Africa, Australia, the Middle East and Asia.
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