The Sage Group plc (LON:SGE) had its price objective boosted by Deutsche Bank AG from GBX 700 ($9.21) to GBX 740 ($9.73) in a research report sent to investors on Friday morning, Marketbeat.com reports. The brokerage currently has a hold rating on the stock.

A number of other research firms also recently weighed in on SGE. Bryan, Garnier & Co raised shares of The Sage Group plc to a buy rating and increased their target price for the company from GBX 720 ($9.47) to GBX 830 ($10.92) in a research report on Friday, September 22nd. Credit Suisse Group reaffirmed a neutral rating and set a GBX 700 ($9.21) price objective on shares of The Sage Group plc in a research report on Tuesday, October 10th. Goldman Sachs Group, Inc. (The) raised shares of The Sage Group plc to a conviction-buy rating and set a GBX 860 ($11.31) price objective for the company in a research report on Friday, July 21st. Barclays PLC raised shares of The Sage Group plc to an equal weight rating and set a GBX 685 ($9.01) price objective for the company in a research report on Thursday, September 14th. Finally, Canaccord Genuity reaffirmed a sell rating and set a GBX 585 ($7.69) price objective on shares of The Sage Group plc in a research report on Wednesday, July 26th. Two equities research analysts have rated the stock with a sell rating, five have assigned a hold rating and six have given a buy rating to the company. The stock currently has an average rating of Hold and an average price target of GBX 748.85 ($9.85).

Shares of The Sage Group plc (LON SGE) opened at GBX 768 ($10.10) on Friday. The Sage Group plc has a 52-week low of GBX 594.99 ($7.83) and a 52-week high of GBX 807.49 ($10.62).

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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.

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

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