Shares of The Sage Group plc (LON:SGE) have earned an average recommendation of “Hold” from the thirteen brokerages that are presently covering the stock, Marketbeat reports. Two investment analysts have rated the stock with a sell recommendation, five have assigned a hold recommendation and six have assigned a buy recommendation to the company. The average 12 month price target among brokers that have issued ratings on the stock in the last year is GBX 778.50 ($10.56).
A number of analysts have issued reports on the company. Canaccord Genuity lifted their price objective on The Sage Group from GBX 585 ($7.93) to GBX 636 ($8.62) and gave the stock a “sell” rating in a research note on Thursday, November 23rd. Numis Securities lifted their price objective on The Sage Group from GBX 813 ($11.03) to GBX 861 ($11.68) and gave the stock an “add” rating in a research note on Thursday, November 23rd. Bryan, Garnier & Co boosted their target price on The Sage Group from GBX 830 ($11.26) to GBX 860 ($11.66) and gave the company a “buy” rating in a research report on Thursday, November 23rd. Societe Generale boosted their target price on The Sage Group from GBX 565 ($7.66) to GBX 643 ($8.72) and gave the company a “sell” rating in a research report on Thursday, November 23rd. Finally, Credit Suisse Group boosted their target price on The Sage Group from GBX 700 ($9.49) to GBX 790 ($10.71) and gave the company a “neutral” rating in a research report on Thursday, November 23rd.
The Sage Group (LON:SGE) traded up GBX 9 ($0.12) during trading hours on Friday, reaching GBX 818.60 ($11.10). The company’s stock had a trading volume of 3,360,987 shares, compared to its average volume of 2,250,000. The Sage Group has a 1-year low of GBX 594.99 ($8.07) and a 1-year high of GBX 824 ($11.17). The company has a market cap of $8,850.00 and a P/E ratio of 3,410.83.
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The Sage Group 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.
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