The Sage Group plc (SGE) Receives GBX 640.69 Consensus Price Target from Analysts
The Sage Group plc (LON:SGE) has been assigned a consensus rating of “Hold” from the seventeen analysts that are covering the stock. Six research analysts have rated the stock with a sell rating, five have issued a hold rating and six have issued a buy rating on the company. The average 12 month target price among brokers that have updated their coverage on the stock in the last year is GBX 640.69 ($7.93).
SGE has been the subject of a number of recent research reports. Bryan, Garnier & Co boosted their target price on The Sage Group plc from GBX 600 ($7.43) to GBX 690 ($8.54) and gave the stock a “sell” rating in a research report on Wednesday, October 12th. Credit Suisse Group AG restated an “underperform” rating and issued a GBX 600 ($7.43) target price on shares of The Sage Group plc in a research report on Thursday, July 14th. Canaccord Genuity boosted their target price on The Sage Group plc from GBX 620 ($7.67) to GBX 650 ($8.04) and gave the stock a “hold” rating in a research report on Tuesday, July 26th. Goldman Sachs Group Inc. boosted their target price on The Sage Group plc from GBX 730 ($9.03) to GBX 850 ($10.52) and gave the stock a “buy” rating in a research report on Tuesday, August 16th. Finally, Panmure Gordon restated a “hold” rating and issued a GBX 614 ($7.60) target price on shares of The Sage Group plc in a research report on Friday, July 1st.
Shares of The Sage Group plc (LON:SGE) opened at 723.00 on Wednesday. The firm’s market cap is GBX 7.78 billion. The stock’s 50 day moving average is GBX 734.14 and its 200 day moving average is GBX 664.58. The Sage Group plc has a 12 month low of GBX 522.00 and a 12 month high of GBX 761.00.
The Sage Group plc Company Profile
The Sage Group plc is a United Kingdom-based company, which provides small and medium sized enterprises (SMEs) with a range of business management software and services, including accounting, human resource (HR) and payroll, enterprise resource planning (ERP), payments, customer relationship management (CRM), mobility and business intelligence.
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