The Sage Group plc (SGE) Receives “Equal weight” Rating from Barclays PLC
Other equities analysts also recently issued research reports about the stock. Numis Securities Ltd restated an add rating and set a GBX 813 ($10.69) price objective on shares of The Sage Group plc in a research report on Tuesday, September 19th. Jefferies Group LLC upped their price target on shares of The Sage Group plc from GBX 770 ($10.13) to GBX 880 ($11.57) and gave the stock a buy rating in a research note on Monday. Bryan, Garnier & Co raised shares of The Sage Group plc to a buy rating and upped their price target for the stock from GBX 720 ($9.47) to GBX 830 ($10.92) in a research note on Friday, September 22nd. Goldman Sachs Group, Inc. (The) reaffirmed a buy rating and set a GBX 850 ($11.18) price target on shares of The Sage Group plc in a research note on Thursday, November 16th. Finally, Deutsche Bank AG upped their price target on shares of The Sage Group plc from GBX 700 ($9.21) to GBX 740 ($9.73) and gave the stock a hold rating in a research note on Friday, November 17th. Three investment analysts have rated the stock with a sell rating, five have given a hold rating and six have given a buy rating to the company. The company presently has an average rating of Hold and a consensus price target of GBX 756.93 ($9.96).
Shares of The Sage Group plc (LON:SGE) traded up GBX 1 ($0.01) during trading on Thursday, reaching GBX 807 ($10.61). 1,488,299 shares of the company’s stock were exchanged, compared to its average volume of 2,260,000. The Sage Group plc has a 52 week low of GBX 594.99 ($7.83) and a 52 week high of GBX 809.50 ($10.65).
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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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