The Sage Group plc (LON:SGE) has been assigned an average recommendation of “Hold” from the fifteen ratings firms that are presently covering the company, MarketBeat.com reports. Five research analysts have rated the stock with a sell recommendation, five have given a hold recommendation, four have given a buy recommendation and one has issued a strong buy recommendation on the company. The average 12 month price objective among analysts that have issued ratings on the stock in the last year is GBX 683.64 ($9.02).

Several equities analysts recently weighed in on SGE shares. Credit Suisse Group reaffirmed an “underperform” rating and set a GBX 600 ($7.91) target price on shares of The Sage Group plc in a research note on Wednesday, April 19th. J P Morgan Chase & Co reaffirmed an “overweight” rating on shares of The Sage Group plc in a research note on Wednesday, June 21st. Barclays PLC reaffirmed an “underweight” rating and set a GBX 540 ($7.12) target price on shares of The Sage Group plc in a research note on Tuesday, April 11th. Citigroup Inc. reaffirmed a “buy” rating and set a GBX 780 ($10.29) target price on shares of The Sage Group plc in a research note on Thursday, May 4th. Finally, Goldman Sachs Group, Inc. (The) reaffirmed a “buy” rating and set a GBX 860 ($11.34) target price on shares of The Sage Group plc in a research note on Monday, June 5th.

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The Sage Group plc (LON:SGE) traded up 0.44% during mid-day trading on Friday, hitting GBX 680.00. 2,085,141 shares of the stock were exchanged. The Sage Group plc has a 52 week low of GBX 594.99 and a 52 week high of GBX 807.49. The company has a 50-day moving average of GBX 690.16 and a 200-day moving average of GBX 666.67. The stock’s market capitalization is GBX 7.34 billion.

The Sage Group plc Company Profile

The Sage Group plc is a United Kingdom-based company, which provides integrated accounting, payroll and payments solutions. The Company also provides the option of solutions hosted locally and accessed on-premise. The Company’s segments include Europe, which consists of France, the United Kingdom and the Ireland, Spain, Germany, Switzerland, Poland, Portugal and Sagepay; North America, which consists of the United States and Canada, and International, which consists of Brazil, Africa, Australia, the Middle East and Asia.

Analyst Recommendations for The Sage Group plc (LON:SGE)

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