The Sage Group plc (LON:SGE) had its target price upped by Credit Suisse Group from GBX 700 ($9.21) to GBX 790 ($10.39) in a research note issued on Thursday. The brokerage presently has a “neutral” rating on the stock. Credit Suisse Group’s price target would suggest a potential downside of 2.29% from the company’s previous close.

SGE has been the topic of a number of other reports. Deutsche Bank AG lifted their target price on The Sage Group plc from GBX 700 ($9.21) to GBX 740 ($9.73) and gave the stock a “hold” rating in a research report on Friday, November 17th. Bryan, Garnier & Co raised The Sage Group plc to a “buy” rating and lifted their target price for the stock from GBX 720 ($9.47) to GBX 830 ($10.92) in a research report on Friday, September 22nd. Barclays PLC reissued an “equal weight” rating on shares of The Sage Group plc in a research report on Thursday. Canaccord Genuity reissued a “sell” rating and set a GBX 585 ($7.69) target price on shares of The Sage Group plc in a research report on Wednesday, July 26th. Finally, Numis Securities Ltd reissued an “add” rating and set a GBX 813 ($10.69) target price on shares of The Sage Group plc in a research report on Tuesday, September 19th. Three research analysts have rated the stock with a sell rating, five have issued a hold rating and six have issued a buy rating to the stock. The stock presently has a consensus rating of “Hold” and an average target price of GBX 753.29 ($9.91).

Shares of The Sage Group plc (SGE) opened at GBX 808.50 ($10.63) on Thursday. The Sage Group plc has a 1 year low of GBX 594.99 ($7.83) and a 1 year high of GBX 807.49 ($10.62).

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The Sage Group plc Company Profile

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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