Sage Group (OTCMKTS:SGPYY) Upgraded at Canaccord Genuity Group

Canaccord Genuity Group upgraded shares of Sage Group (OTCMKTS:SGPYY) from a hold rating to a strong-buy rating in a research report report published on Monday,Zacks.com reports.

Several other analysts have also recently commented on the company. Zacks Research upgraded Sage Group from a “hold” rating to a “strong-buy” rating in a research report on Wednesday, January 28th. UBS Group raised Sage Group from a “hold” rating to a “buy” rating in a research note on Monday, January 12th. Two analysts have rated the stock with a Strong Buy rating and three have given a Buy rating to the stock. According to data from MarketBeat, Sage Group has a consensus rating of “Buy”.

Sage Group Stock Performance

Shares of OTCMKTS:SGPYY opened at $45.96 on Monday. The firm’s 50 day moving average is $56.58 and its two-hundred day moving average is $59.04. The company has a debt-to-equity ratio of 2.17, a quick ratio of 0.64 and a current ratio of 0.64. Sage Group has a 52 week low of $45.65 and a 52 week high of $69.79.

Sage Group Company Profile

Sage Group plc is a global provider of business management software and services tailored primarily to small and medium-sized enterprises. The company delivers a suite of cloud-based and on-premises solutions designed to simplify accounting, payroll, human resources, enterprise resource planning (ERP) and payment processing. Through its flagship Sage Business Cloud platform, Sage enables customers to manage financials, operations and workforce activities via integrated applications and data analytics.

The company’s product portfolio includes accounting and invoicing tools, payroll management systems, payment solutions and HR management software.