The Sage Group plc (LON:SGE) has been given a consensus rating of “Hold” by the fifteen research firms that are covering the firm, Marketbeat reports. Five investment analysts have rated the stock with a sell rating, five have given a hold rating and five have assigned a buy rating to the company. The average 12-month target price among brokers that have issued a report on the stock in the last year is GBX 667.43 ($8.65).

Several equities research analysts have recently issued reports on the company. Goldman Sachs Group, Inc. (The) reaffirmed a “buy” rating and issued a GBX 860 ($11.14) price objective on shares of The Sage Group plc in a research note on Monday, June 5th. J P Morgan Chase & Co reaffirmed an “overweight” rating and issued a GBX 780 ($10.10) price objective on shares of The Sage Group plc in a research note on Monday, June 5th. Deutsche Bank AG reaffirmed a “hold” rating and issued a GBX 650 ($8.42) price objective on shares of The Sage Group plc in a research note on Monday, June 5th. Numis Securities Ltd lowered The Sage Group plc to a “hold” rating and lowered their price objective for the company from GBX 765 ($9.91) to GBX 756 ($9.79) in a research note on Monday, June 5th. Finally, Credit Suisse Group raised their price objective on The Sage Group plc from GBX 600 ($7.77) to GBX 620 ($8.03) and gave the company an “underperform” rating in a research note on Thursday, May 4th.

Shares of The Sage Group plc (LON:SGE) traded down 0.51% during mid-day trading on Tuesday, reaching GBX 677.00. The company’s stock had a trading volume of 1,962,790 shares. The company has a 50-day moving average price of GBX 704.15 and a 200 day moving average price of GBX 662.18. The Sage Group plc has a 52-week low of GBX 594.99 and a 52-week high of GBX 807.49. The company’s market cap is GBX 7.30 billion.

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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.

Analyst Recommendations for The Sage Group plc (LON:SGE)

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