The Sage Group plc (LON:SGE) shares traded down 0.6% during trading on Friday . The stock traded as low as GBX 774.62 ($10.43) and last traded at GBX 778.50 ($10.48). 1,186,640 shares traded hands during trading, a decline of 60% from the average session volume of 2,970,000 shares. The stock had previously closed at GBX 783.50 ($10.55).

Several research analysts have commented on the company. J P Morgan Chase & Co reaffirmed an “overweight” rating and set a GBX 830 ($11.17) price target on shares of The Sage Group in a research report on Tuesday. Numis Securities lifted their price target on The Sage Group from GBX 813 ($10.94) to GBX 861 ($11.59) and gave the stock an “add” rating in a research report on Thursday, November 23rd. Bryan, Garnier & Co raised The Sage Group to a “buy” rating and lifted their price target for the stock from GBX 720 ($9.69) to GBX 830 ($11.17) in a research report on Friday, September 22nd. Societe Generale lifted their price target on The Sage Group from GBX 565 ($7.60) to GBX 643 ($8.65) and gave the stock a “sell” rating in a research report on Thursday, November 23rd. Finally, Goldman Sachs Group reaffirmed a “conviction-buy” rating and set a GBX 825 ($11.10) price target on shares of The Sage Group in a research report on Tuesday, August 22nd. Two investment analysts have rated the stock with a sell rating, five have issued a hold rating and six have assigned a buy rating to the company. The Sage Group has an average rating of “Hold” and a consensus target price of GBX 771.31 ($10.38).

The business also recently announced a dividend, which will be paid on Friday, March 2nd. Shareholders of record on Thursday, February 8th will be paid a GBX 10.20 ($0.14) dividend. This is an increase from The Sage Group’s previous dividend of $5.22. This represents a dividend yield of 1.27%. The ex-dividend date is Thursday, February 8th.

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About The Sage Group

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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