Analysts’ Recent Ratings Changes for The Sage Group (SGE)

Several brokerages have updated their recommendations and price targets on shares of The Sage Group (LON: SGE) in the last few weeks:

  • 1/30/2018 – The Sage Group had its price target lowered by analysts at Goldman Sachs Group Inc from GBX 970 ($13.40) to GBX 925 ($12.78). They now have a “buy” rating on the stock.
  • 1/26/2018 – The Sage Group had its “neutral” rating reaffirmed by analysts at Credit Suisse Group AG. They now have a GBX 790 ($10.91) price target on the stock.
  • 1/26/2018 – The Sage Group had its “sell” rating reaffirmed by analysts at Canaccord Genuity. They now have a GBX 636 ($8.79) price target on the stock.
  • 1/25/2018 – The Sage Group had its price target lowered by analysts at Bryan, Garnier & Co from GBX 860 ($11.88) to GBX 850 ($11.74). They now have a “buy” rating on the stock.
  • 1/25/2018 – The Sage Group was downgraded by analysts at Numis Securities Ltd to a “hold” rating. They now have a GBX 855 ($11.81) price target on the stock.
  • 1/25/2018 – The Sage Group had its “hold” rating reaffirmed by analysts at Deutsche Bank AG. They now have a GBX 740 ($10.22) price target on the stock.
  • 1/25/2018 – The Sage Group had its “overweight” rating reaffirmed by analysts at JPMorgan Chase & Co.. They now have a GBX 830 ($11.47) price target on the stock.
  • 1/24/2018 – The Sage Group had its “buy” rating reaffirmed by analysts at Shore Capital.
  • 12/18/2017 – The Sage Group had its “overweight” rating reaffirmed by analysts at JPMorgan Chase & Co.. They now have a GBX 830 ($11.47) price target on the stock.

The Sage Group plc (LON SGE) traded up GBX 22.18 ($0.31) during mid-day trading on Monday, reaching GBX 694.38 ($9.59). 3,800,000 shares of the company traded hands, compared to its average volume of 3,150,000. The firm has a market capitalization of $7,510.00 and a P/E ratio of 2,893.25. The Sage Group plc has a 1-year low of GBX 613 ($8.47) and a 1-year high of GBX 825.20 ($11.40).

The business also recently disclosed a dividend, which will be paid on Friday, March 2nd. Investors of record on Thursday, February 8th will be issued a GBX 10.20 ($0.14) dividend. The ex-dividend date of this dividend is Thursday, February 8th. This represents a yield of 1.27%. This is an increase from The Sage Group’s previous dividend of $5.22.

In other The Sage Group news, insider Steve Hare sold 88,880 shares of the business’s stock in a transaction dated Thursday, January 25th. The shares were sold at an average price of GBX 759 ($10.49), for a total value of £674,599.20 ($932,024.32).

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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