The Sage Group plc (SGE) Plans Dividend of GBX 9.35
The Sage Group plc (LON:SGE) declared a dividend on Wednesday, November 30th. Shareholders of record on Thursday, February 9th will be paid a dividend of GBX 9.35 ($0.12) per share on Friday, March 3rd. This represents a yield of 1.42%. The ex-dividend date is Thursday, February 9th. This is a boost from The Sage Group plc’s previous dividend of $4.80. The official announcement can be seen at this link.
The Sage Group plc (LON:SGE) opened at 657.50 on Thursday. The Sage Group plc has a 52 week low of GBX 540.50 and a 52 week high of GBX 761.00. The company’s market capitalization is GBX 7.07 billion. The firm’s 50-day moving average price is GBX 699.79 and its 200 day moving average price is GBX 682.67.
Several equities analysts have recently issued reports on the company. Bryan, Garnier & Co reissued a “sell” rating and set a GBX 690 ($8.56) target price on shares of The Sage Group plc in a research note on Wednesday. Panmure Gordon reissued a “hold” rating and set a GBX 661 ($8.20) target price on shares of The Sage Group plc in a research note on Friday, August 5th. Barclays PLC boosted their target price on The Sage Group plc from GBX 475 ($5.89) to GBX 540 ($6.70) and gave the company an “underweight” rating in a research note on Monday, October 17th. Goldman Sachs Group Inc. boosted their target price on The Sage Group plc from GBX 730 ($9.06) to GBX 850 ($10.54) and gave the company a “buy” rating in a research note on Tuesday, August 16th. Finally, Deutsche Bank AG reissued a “buy” rating and set a GBX 760 ($9.43) target price on shares of The Sage Group plc in a research note on Monday, August 15th. Seven analysts have rated the stock with a sell rating, four have assigned a hold rating, five have given a buy rating and one has issued a strong buy rating to the stock. The stock has an average rating of “Hold” and an average target price of GBX 646 ($8.01).
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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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