Numis Securities Ltd upgraded shares of The Sage Group plc (LON:SGE) to an add rating in a report released on Wednesday. The firm currently has GBX 813 ($10.59) price objective on the stock, up from their previous price objective of GBX 756 ($9.85).

Other equities research analysts have also issued reports about the company. Goldman Sachs Group, Inc. (The) reaffirmed a buy rating and set a GBX 860 ($11.20) target price on shares of The Sage Group plc in a research report on Thursday, May 4th. Citigroup Inc. reaffirmed a buy rating and set a GBX 780 ($10.16) target price on shares of The Sage Group plc in a research report on Thursday, May 4th. Deutsche Bank AG lifted their target price on The Sage Group plc from GBX 615 ($8.01) to GBX 650 ($8.47) and gave the company a hold rating in a research report on Thursday, May 4th. Finally, J P Morgan Chase & Co reaffirmed an overweight rating and set a GBX 780 ($10.16) target price on shares of The Sage Group plc in a research report on Monday, June 5th. Five analysts have rated the stock with a sell rating, five have assigned a hold rating, four have assigned a buy rating and one has given a strong buy rating to the company’s stock. The company presently has an average rating of Hold and a consensus price target of GBX 690.07 ($8.99).

The Sage Group plc (LON:SGE) opened at 677.00 on Wednesday. The firm has a 50-day moving average price of GBX 691.25 and a 200-day moving average price of GBX 666.47. The Sage Group plc has a 12-month low of GBX 594.99 and a 12-month high of GBX 807.49. The company’s market cap is GBX 7.30 billion.

TRADEMARK VIOLATION WARNING: “The Sage Group plc (LON:SGE) Raised to “Add” at Numis Securities Ltd” was originally published by Watch List News and is the property of of Watch List News. If you are viewing this news story on another domain, it was illegally copied and republished in violation of U.S. and international copyright & trademark laws. The legal version of this news story can be accessed at https://www.watchlistnews.com/the-sage-group-plc-lonsge-raised-to-add-at-numis-securities-ltd/1462046.html.

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.

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

Receive News & Ratings for The Sage Group plc Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for The Sage Group plc and related companies with Analyst Ratings Network's FREE daily email newsletter.