J P Morgan Chase & Co reaffirmed their overweight rating on shares of The Sage Group (LON:SGE) in a report issued on Tuesday. The firm currently has a GBX 830 ($11.17) price target on the stock.

Several other equities research analysts also recently issued reports on the stock. Barclays upgraded shares of The Sage Group to an equal weight rating and set a GBX 685 ($9.22) target price for the company in a research note on Thursday, September 14th. Deutsche Bank raised their target price on shares of The Sage Group from GBX 700 ($9.42) to GBX 740 ($9.96) and gave the company a hold rating in a research note on Friday, November 17th. Jefferies Group raised their target price on shares of The Sage Group from GBX 770 ($10.36) to GBX 880 ($11.84) and gave the company a buy rating in a research note on Monday, November 20th. Credit Suisse Group reiterated a neutral rating and issued a GBX 700 ($9.42) target price on shares of The Sage Group in a research note on Tuesday, October 10th. Finally, Goldman Sachs Group reiterated a buy rating and issued a GBX 850 ($11.44) target price on shares of The Sage Group in a research note on Thursday, November 16th. Two 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’s stock. The stock has an average rating of Hold and a consensus price target of GBX 771.31 ($10.38).

Shares of The Sage Group (LON SGE) opened at GBX 779.56 ($10.49) on Tuesday. The Sage Group has a 12 month low of GBX 594.99 ($8.01) and a 12 month high of GBX 820 ($11.04).

The business also recently declared a dividend, which will be paid on Friday, March 2nd. Shareholders of record on Thursday, February 8th will be issued a GBX 10.20 ($0.14) dividend. This is a boost from The Sage Group’s previous dividend of $5.22. This represents a 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.

Analyst Recommendations for The Sage Group (LON:SGE)

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