The Sage Group plc (SGE) PT Raised to GBX 740 at Deutsche Bank AG
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.
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