The Sage Group plc (LON:SGE) Given Average Recommendation of “Moderate Buy” by Analysts

The Sage Group plc (LON:SGE) has earned an average rating of “Moderate Buy” from the eight research firms that are currently covering the stock, MarketBeat reports. Three research analysts have rated the stock with a hold recommendation and five have given a buy recommendation to the company. The average 12 month price target among brokerages that have issued a report on the stock in the last year is GBX 1,165.71.

A number of equities research analysts have issued reports on the stock. Canaccord Genuity Group reaffirmed a “buy” rating and issued a GBX 1,135 price objective on shares of The Sage Group in a research report on Thursday, May 21st. Jefferies Financial Group reduced their price objective on shares of The Sage Group from GBX 1,350 to GBX 1,100 and set a “buy” rating for the company in a research report on Tuesday, March 24th. Shore Capital Group reissued a “hold” rating on shares of The Sage Group in a research report on Tuesday, January 27th. Deutsche Bank Aktiengesellschaft reduced their target price on shares of The Sage Group from GBX 1,200 to GBX 1,150 and set a “hold” rating for the company in a research report on Wednesday, January 28th. Finally, Citigroup reduced their target price on shares of The Sage Group from GBX 1,400 to GBX 1,150 and set a “buy” rating for the company in a research report on Tuesday, March 10th.

The Sage Group Stock Performance

Shares of SGE stock opened at GBX 887.33 on Tuesday. The Sage Group has a 52-week low of GBX 771.66 and a 52-week high of GBX 1,335. The company has a debt-to-equity ratio of 919.09, a quick ratio of 0.58 and a current ratio of 0.62. The company has a 50-day simple moving average of GBX 866.10 and a two-hundred day simple moving average of GBX 949.58. The company has a market capitalization of £8.11 billion, a price-to-earnings ratio of 23.88, a PEG ratio of 1.22 and a beta of 0.30.

The Sage Group (LON:SGE) last issued its quarterly earnings data on Friday, May 22nd. The company reported GBX 23.74 earnings per share (EPS) for the quarter. The Sage Group had a net margin of 14.62% and a return on equity of 81.91%. The business had revenue of GBX 136.30 billion during the quarter. Research analysts anticipate that The Sage Group will post 42.1496095 EPS for the current fiscal year.

The Sage Group Company Profile

The Sage Group plc, together with its subsidiaries, provides technology solutions and services for small and medium businesses in the United States, the United Kingdom, France, and internationally. It offers cloud native solutions, such as Sage Intacct, a cloud accounting software product and financial management software; Sage People, a HR and people management solution; Sage 200, a finance and business management solution; Sage X3, a business management solution; Sage Accounting, a solution for small businesses, accountants, and bookkeepers to manage customer data, accounts, and people; Sage Payroll for small businesses manage their payroll; and Sage HR for small and mid-sized businesses for record management, leave management, staff scheduling, and expenses services.