Several analysts have recently updated their ratings and price targets for The Sage Group plc (LON: SGE):

  • 1/30/2017 – The Sage Group plc had its price target lowered by analysts at Goldman Sachs Group, Inc. (The) from GBX 900 ($11.23) to GBX 860 ($10.73). They now have a “buy” rating on the stock.
  • 1/27/2017 – The Sage Group plc had its “underperform” rating reaffirmed by analysts at Credit Suisse Group. They now have a GBX 600 ($7.49) price target on the stock.
  • 1/27/2017 – The Sage Group plc had its “buy” rating reaffirmed by analysts at Jefferies Group LLC. They now have a GBX 770 ($9.61) price target on the stock.
  • 1/26/2017 – The Sage Group plc had its “neutral” rating reaffirmed by analysts at Bryan, Garnier & Co. They now have a GBX 650 ($8.11) price target on the stock.
  • 1/26/2017 – The Sage Group plc had its “add” rating reaffirmed by analysts at Numis Securities Ltd. They now have a GBX 765 ($9.55) price target on the stock.
  • 1/26/2017 – The Sage Group plc had its “add” rating reaffirmed by analysts at AlphaValue. They now have a GBX 722 ($9.01) price target on the stock.
  • 1/24/2017 – The Sage Group plc was downgraded by analysts at Canaccord Genuity to a “sell” rating. They now have a GBX 585 ($7.30) price target on the stock, down previously from GBX 650 ($8.11).
  • 1/20/2017 – The Sage Group plc had its price target raised by analysts at Goldman Sachs Group, Inc. (The) from GBX 850 ($10.61) to GBX 900 ($11.23). They now have a “buy” rating on the stock.
  • 1/10/2017 – The Sage Group plc had its “underweight” rating reaffirmed by analysts at Barclays PLC. They now have a GBX 540 ($6.74) price target on the stock.
  • 1/9/2017 – The Sage Group plc had its “underperform” rating reaffirmed by analysts at Credit Suisse Group. They now have a GBX 600 ($7.49) price target on the stock.
  • 12/15/2016 – The Sage Group plc had its price target raised by analysts at Jefferies Group LLC from GBX 735 ($9.17) to GBX 770 ($9.61). They now have a “buy” rating on the stock.
  • 12/8/2016 – The Sage Group plc had its “overweight” rating reaffirmed by analysts at J P Morgan Chase & Co. They now have a GBX 730 ($9.11) price target on the stock.
  • 12/1/2016 – The Sage Group plc had its price target raised by analysts at BNP Paribas from GBX 604 ($7.54) to GBX 616 ($7.69). They now have a “neutral” rating on the stock.
  • 12/1/2016 – The Sage Group plc had its “hold” rating reaffirmed by analysts at Numis Securities Ltd. They now have a GBX 687 ($8.57) price target on the stock.
  • 12/1/2016 – The Sage Group plc had its “buy” rating reaffirmed by analysts at Deutsche Bank AG. They now have a GBX 760 ($9.48) price target on the stock.
  • 12/1/2016 – The Sage Group plc had its price target raised by analysts at J P Morgan Chase & Co from GBX 700 ($8.74) to GBX 730 ($9.11). They now have an “overweight” rating on the stock.
  • 12/1/2016 – The Sage Group plc had its “hold” rating reaffirmed by analysts at Canaccord Genuity. They now have a GBX 650 ($8.11) price target on the stock.
  • 12/1/2016 – The Sage Group plc had its price target lowered by analysts at Goldman Sachs Group, Inc. (The) from GBX 870 ($10.86) to GBX 850 ($10.61). They now have a “conviction-buy” rating on the stock.

Shares of The Sage Group plc (LON:SGE) opened at 606.00 on Monday. The stock has a 50 day moving average price of GBX 648.09 and a 200-day moving average price of GBX 692.67. The Sage Group plc has a one year low of GBX 555.50 and a one year high of GBX 761.00. The company’s market capitalization is GBX 6.54 billion.

The company also recently announced a dividend, which will be paid on Friday, March 3rd. Shareholders of record on Thursday, February 9th will be given a GBX 9.35 ($0.12) dividend. This is a positive change from The Sage Group plc’s previous dividend of $4.80. This represents a yield of 1.42%. The ex-dividend date is Thursday, February 9th.

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In other news, insider Donald H. Brydon bought 10,000 shares of the company’s stock in a transaction on Thursday, January 26th. The shares were bought at an average cost of GBX 600 ($7.49) per share, with a total value of £60,000 ($74,878.32).

The Sage Group plc is a United Kingdom-based company, which provides small and medium sized enterprises (SMEs) with a range of business management software and services, including accounting, human resource (HR) and payroll, enterprise resource planning (ERP), payments, customer relationship management (CRM), mobility and business intelligence.

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