The Sage Group plc Given “Neutral” Rating at JPMorgan Chase & Co. (SGE)
A number of other firms have also recently commented on SGE. Analysts at Berenberg Bank reiterated a “hold” rating on shares of The Sage Group plc in a research note on Tuesday, June 3rd. They now have a GBX 357 ($6.06) price target on the stock. Separately, analysts at Westhouse Securities reiterated an “add” rating on shares of The Sage Group plc in a research note on Monday, June 2nd. They now have a GBX 467 ($7.93) price target on the stock. Finally, analysts at Citigroup Inc. raised their price target on shares of The Sage Group plc from GBX 395 ($6.71) to GBX 450 ($7.64) in a research note on Wednesday, May 28th. They now have a “buy” rating on the stock. Six investment analysts have rated the stock with a sell rating, thirteen have issued a hold rating and four have issued a buy rating to the stock. The company currently has a consensus rating of “Hold” and an average target price of GBX 391.65 ($6.65).
The Sage Group plc (LON:SGE) traded down 0.36% during mid-day trading on Wednesday, hitting GBX 390.00. The stock had a trading volume of 626,808 shares. The Sage Group plc has a 52 week low of GBX 311.60 and a 52 week high of GBX 438.90. The stock has a 50-day moving average of GBX 408.4 and a 200-day moving average of GBX 407.0. The company’s market cap is £4.282 billion.
The Sage Group plc provides small and medium sized company with a range of business management software and services-from accounting and payroll, to enterprise resource planning, customer relationship management and payments.
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