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

The Sage Group plc (LON:SGE) has earned a consensus rating of “Moderate Buy” from the eight ratings firms that are covering the firm, MarketBeat Ratings reports. Three analysts have rated the stock with a hold rating and five have issued a buy rating on the company. The average 12-month target price among brokerages that have issued a report on the stock in the last year is GBX 1,072.86.

A number of brokerages have recently issued reports on SGE. Canaccord Genuity Group reissued a “buy” rating and set a GBX 1,135 price objective on shares of The Sage Group in a research report on Thursday, May 21st. Jefferies Financial Group decreased their target price on The Sage Group from GBX 1,100 to GBX 1,000 and set a “buy” rating on the stock in a report on Thursday, June 25th. Deutsche Bank Aktiengesellschaft lowered their target price on The Sage Group from GBX 1,000 to GBX 900 and set a “hold” rating on the stock in a research report on Tuesday, May 26th. 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. Finally, JPMorgan Chase & Co. reduced their price target on The Sage Group from GBX 1,100 to GBX 1,000 and set an “overweight” rating for the company in a research report on Wednesday, June 24th.

The Sage Group Stock Performance

Shares of LON SGE opened at GBX 844.20 on Wednesday. The firm has a 50 day moving average of GBX 849.49 and a 200 day moving average of GBX 886.60. The company has a current ratio of 0.62, a quick ratio of 0.58 and a debt-to-equity ratio of 919.09. The firm has a market capitalization of £7.58 billion, a price-to-earnings ratio of 21.26, a price-to-earnings-growth ratio of 1.22 and a beta of 0.30. The Sage Group has a 12-month low of GBX 771.66 and a 12-month high of GBX 1,335.

The Sage Group (LON:SGE) last announced its earnings results on Friday, May 22nd. The company reported GBX 23.74 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. On average, research analysts anticipate that The Sage Group will post 42.1496095 earnings per share for the current year.

About The Sage Group

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.