The Sage Group plc (LON:SGE) Receives Consensus Rating of “Moderate Buy” from Analysts

Shares of The Sage Group plc (LON:SGE) have earned a consensus rating of “Moderate Buy” from the eight brokerages that are covering the company, Marketbeat reports. Three analysts have rated the stock with a hold rating and five have assigned a buy rating to the company. The average 1-year target price among analysts that have issued ratings on the stock in the last year is GBX 1,130.

Several research firms recently issued reports on SGE. Deutsche Bank Aktiengesellschaft cut their price target on shares of The Sage Group from GBX 1,000 to GBX 900 and set a “hold” rating for the company in a report on Tuesday, May 26th. Jefferies Financial Group cut their price target on shares of The Sage Group from GBX 1,350 to GBX 1,100 and set a “buy” rating for the company in a report on Tuesday, March 24th. UBS Group reissued a “buy” rating and set a GBX 1,025 price target on shares of The Sage Group in a report on Monday, May 18th. Canaccord Genuity Group reaffirmed a “buy” rating and issued a GBX 1,135 target price on shares of The Sage Group in a report on Thursday, May 21st. Finally, Citigroup dropped 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 report on Tuesday, March 10th.

The Sage Group Trading Up 1.2%

LON SGE opened at GBX 812.60 on Friday. The stock has a market capitalization of £7.32 billion, a P/E ratio of 20.46, a P/E/G ratio of 1.22 and a beta of 0.29. The Sage Group has a 52-week low of GBX 771.66 and a 52-week high of GBX 1,335. The firm has a 50-day moving average price of GBX 869.31 and a 200 day moving average price of GBX 917.64. The company has a quick ratio of 0.58, a current ratio of 0.62 and a debt-to-equity ratio of 919.09.

The Sage Group (LON:SGE) last posted its quarterly earnings results on Friday, May 22nd. The company reported GBX 23.74 earnings per share (EPS) for the quarter. The firm had revenue of GBX 136.30 billion during the quarter. The Sage Group had a net margin of 14.62% and a return on equity of 81.91%. Equities research analysts expect that The Sage Group will post 42.1496095 EPS for the current 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.