Sage Group PLC (SGPYY) Raised to Equal Weight at Barclays PLC
Sage Group PLC (OTCMKTS:SGPYY) was upgraded by equities researchers at Barclays PLC from an “underweight” rating to an “equal weight” rating in a research report issued on Thursday, StockTargetPrices.com reports.
Other analysts also recently issued reports about the company. Liberum Capital started coverage on Sage Group PLC in a research note on Thursday, June 1st. They issued a “buy” rating on the stock. Credit Suisse Group upgraded Sage Group PLC from an “underperform” rating to a “neutral” rating in a research note on Wednesday, July 26th. Two investment analysts have rated the stock with a hold rating and three have given a buy rating to the stock. Sage Group PLC presently has an average rating of “Buy”.
Shares of Sage Group PLC (OTCMKTS:SGPYY) traded up 5.59% on Thursday, hitting $38.69. The stock had a trading volume of 35,060 shares. The firm’s 50-day moving average is $36.25 and its 200-day moving average is $34.95. Sage Group PLC has a one year low of $30.43 and a one year high of $38.95. The company has a market cap of $10.44 billion, a price-to-earnings ratio of 32.79 and a beta of 1.02.
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Sage Group PLC Company Profile
The Sage Group plc engages in the development and distribution of business management software and related products and services for small and medium sized businesses. It offers software and services for accounting and payroll, enterprise resource planning, customer relationship management, and payments.
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