Shares of The Sage Group plc (LON:SGE) have been given an average recommendation of “Hold” by the fifteen research firms that are presently covering the company. Five analysts have rated the stock with a sell recommendation, five have given a hold recommendation and five have issued a buy recommendation on the company. The average 12 month price target among brokerages that have covered the stock in the last year is GBX 675.53 ($8.72).

A number of brokerages recently issued reports on SGE. Deutsche Bank AG reiterated a “hold” rating and issued a GBX 615 ($7.94) target price on shares of The Sage Group plc in a research report on Friday, April 7th. Citigroup Inc reiterated a “buy” rating and issued a GBX 780 ($10.07) target price on shares of The Sage Group plc in a research report on Thursday, May 4th. Goldman Sachs Group Inc reiterated a “buy” rating and issued a GBX 860 ($11.10) target price on shares of The Sage Group plc in a research report on Thursday, May 4th. Barclays PLC reiterated an “underweight” rating and issued a GBX 540 ($6.97) target price on shares of The Sage Group plc in a research report on Tuesday, April 11th. Finally, JPMorgan Chase & Co. increased their target price on shares of The Sage Group plc from GBX 730 ($9.42) to GBX 780 ($10.07) and gave the company an “overweight” rating in a research report on Thursday, May 4th.

Shares of The Sage Group plc (LON:SGE) traded down 0.15% during mid-day trading on Monday, hitting GBX 688.50. 2,284,069 shares of the company traded hands. The Sage Group plc has a 52-week low of GBX 573.00 and a 52-week high of GBX 807.49. The firm’s market cap is GBX 7.43 billion. The firm has a 50-day moving average price of GBX 658.54 and a 200 day moving average price of GBX 654.63.

The company also recently disclosed a dividend, which will be paid on Friday, June 2nd. Shareholders of record on Thursday, May 11th will be paid a dividend of GBX 5.22 ($0.07) per share. This represents a yield of 0.74%. The ex-dividend date is Thursday, May 11th.

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About The Sage Group plc

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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