Canaccord Genuity reissued their sell rating on shares of The Sage Group plc (LON:SGE) in a report published on Wednesday. Canaccord Genuity currently has a GBX 585 ($7.62) target price on the stock.

Several other equities analysts have also weighed in on SGE. Deutsche Bank AG reiterated a hold rating and issued a GBX 650 ($8.47) target price on shares of The Sage Group plc in a report on Friday, July 21st. Numis Securities Ltd upgraded shares of The Sage Group plc to an add rating and boosted their target price for the company from GBX 756 ($9.85) to GBX 813 ($10.59) in a report on Wednesday. Goldman Sachs Group, Inc. (The) upgraded shares of The Sage Group plc to a conviction-buy rating and set a GBX 860 ($11.20) target price on the stock in a report on Friday, July 21st. J P Morgan Chase & Co reiterated an overweight rating and issued a GBX 780 ($10.16) target price on shares of The Sage Group plc in a report on Monday, June 5th. Finally, Credit Suisse Group boosted their target price on shares of The Sage Group plc from GBX 600 ($7.82) to GBX 620 ($8.08) and gave the company an underperform rating in a report on Thursday, May 4th. Five analysts have rated the stock with a sell rating, five have issued a hold rating, four have assigned a buy rating and one has given a strong buy rating to the company. The Sage Group plc currently has a consensus rating of Hold and an average price target of GBX 690.07 ($8.99).

Shares of The Sage Group plc (SGE) opened at 677.00 on Wednesday. The company’s market cap is GBX 7.30 billion. The firm has a 50-day moving average of GBX 691.25 and a 200 day moving average of GBX 666.47. The Sage Group plc has a 52 week low of GBX 594.99 and a 52 week high of GBX 807.49.

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About The Sage Group plc

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.

Analyst Recommendations for The Sage Group plc (LON:SGE)

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