The Sage Group plc Rating Reiterated by Societe Generale (SGE)
The Sage Group plc (LON:SGE)‘s stock had its “hold” rating reiterated by analysts at Societe Generale in a research report issued to clients and investors on Tuesday. They currently have a GBX 415 ($7.09) target price on the stock. Societe Generale’s target price suggests a potential upside of 9.53% from the company’s current price.
Shares of The Sage Group plc (LON:SGE) traded up 0.47% during mid-day trading on Tuesday, hitting GBX 381.00. The stock had a trading volume of 2,814,668 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 390.3 and a 200-day moving average of GBX 407.0. The company’s market cap is £4.183 billion.
SGE has been the subject of a number of other recent research reports. Analysts at Panmure Gordon reiterated a “hold” rating on shares of The Sage Group plc in a research note on Friday. They now have a GBX 407 ($6.95) price target on the stock. Separately, analysts at Barclays reiterated an “underweight” rating on shares of The Sage Group plc in a research note on Tuesday, July 8th. They now have a GBX 315 ($5.38) price target on the stock. Six analysts have rated the stock with a sell rating, eleven have assigned a hold rating and four have issued a buy rating to the stock. The company presently has a consensus rating of “Hold” and an average target price of GBX 392.90 ($6.71).
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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