Sage Group PLC (SGPYY) Receives Average Rating of “Buy” from Brokerages
Sage Group PLC (OTCMKTS:SGPYY) has been given a consensus recommendation of “Buy” by the six analysts that are covering the company, MarketBeat reports. Two equities research analysts have rated the stock with a hold rating and four have issued a buy rating on the company.
SGPYY has been the subject of several research analyst reports. Credit Suisse Group upgraded shares of Sage Group PLC from an “underperform” rating to a “neutral” rating in a research report on Wednesday, July 26th. Barclays PLC upgraded shares of Sage Group PLC from an “underweight” rating to an “equal weight” rating in a report on Thursday, September 14th. Finally, Bryan, Garnier & Co upgraded shares of Sage Group PLC from a “neutral” rating to a “buy” rating in a report on Sunday, September 24th.
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Shares of Sage Group PLC (OTCMKTS SGPYY) opened at 38.36 on Thursday. The firm’s 50-day moving average price is $38.01 and its 200-day moving average price is $36.16. Sage Group PLC has a 12-month low of $30.43 and a 12-month high of $39.39. The company has a market capitalization of $10.35 billion, a PE ratio of 31.86 and a beta of 1.01.
About Sage Group PLC
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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