The Sage Group plc (LON:SGE) had its price objective raised by Deutsche Bank AG from GBX 650 ($8.47) to GBX 700 ($9.12) in a research note issued to investors on Thursday morning, StockTargetPrices.com reports. The brokerage currently has a hold rating on the stock.

Several other research analysts have also commented on SGE. Canaccord Genuity reaffirmed a sell rating and issued a GBX 585 ($7.62) price target on shares of The Sage Group plc in a report on Wednesday, July 26th. Numis Securities Ltd raised shares of The Sage Group plc to an add rating and lifted their price target for the company from GBX 756 ($9.85) to GBX 813 ($10.59) in a report on Wednesday, July 26th. Goldman Sachs Group, Inc. (The) raised shares of The Sage Group plc to a conviction-buy rating and set a GBX 860 ($11.20) price target for the company in a report on Friday, July 21st. J P Morgan Chase & Co reaffirmed an overweight rating and issued a GBX 780 ($10.16) price target on shares of The Sage Group plc in a report on Monday, June 5th. Finally, Credit Suisse Group lifted their price target 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 equities research analysts have rated the stock with a sell rating, five have given a hold rating, four have issued a buy rating and one has given a strong buy rating to the company’s stock. The Sage Group plc presently has a consensus rating of Hold and an average price target of GBX 690.07 ($8.99).

Shares of The Sage Group plc (LON:SGE) opened at 677.00 on Thursday. The stock has a 50 day moving average of GBX 691.25 and a 200-day moving average of GBX 666.47. The stock’s market capitalization is GBX 7.30 billion. The Sage Group plc has a one year low of GBX 594.99 and a one year high of GBX 807.49.

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The Sage Group plc Company Profile

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.

Stock Target Prices

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

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