The Sage Group plc (LON:SGE – Get Free Report) has earned a consensus rating of “Moderate Buy” from the six ratings firms that are presently covering the company, MarketBeat.com reports. One analyst has rated the stock with a hold rating and five have assigned a buy rating to the company. The average 12-month price objective among brokers that have issued a report on the stock in the last year is GBX 1,173 ($15.71).
A number of equities research analysts have weighed in on SGE shares. JPMorgan Chase & Co. cut their price objective on shares of The Sage Group from GBX 1,300 ($17.41) to GBX 1,250 ($16.74) and set an “overweight” rating on the stock in a report on Wednesday, July 31st. Canaccord Genuity Group restated a “buy” rating and issued a GBX 615 ($8.24) price target on shares of The Sage Group in a research note on Monday, July 1st. Finally, Jefferies Financial Group reiterated a “buy” rating and set a GBX 1,400 ($18.75) price objective on shares of The Sage Group in a research note on Thursday, June 27th.
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The Sage Group Stock Up 0.7 %
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.
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