Sage Group PLC (OTCMKTS:SGPYY) Stock Rated “Moderate Buy” by Sell-Side Brokerages

Shares of Sage Group PLC (OTCMKTS:SGPYY) have earned a consensus rating of “Moderate Buy” from the seven brokerages that are covering the stock, Marketbeat reports. Two analysts have rated the stock with a hold recommendation, four have issued a buy recommendation and one has given a strong buy recommendation to the company.

Several research firms have recently weighed in on SGPYY. Morgan Stanley reissued an “overweight” rating on shares of Sage Group in a research note on Friday, August 21st. Deutsche Bank Aktiengesellschaft reiterated a “hold” rating on shares of Sage Group in a report on Thursday, July 30th. Jefferies Financial Group reissued a “buy” rating on shares of Sage Group in a research note on Wednesday, July 29th. Finally, Citigroup restated a “buy” rating on shares of Sage Group in a research report on Thursday, July 30th.

Sage Group Stock Performance

Shares of SGPYY stock opened at $52.45 on Friday. The stock’s fifty day moving average is $54.30 and its two-hundred day moving average is $48.96. Sage Group has a fifty-two week low of $41.80 and a fifty-two week high of $63.09.

About Sage Group

The Sage Group plc is a United Kingdom-based technology company that provides business management software and services for small and mid-sized businesses. Its products are designed to help organizations manage core administrative and financial functions, including accounting, payroll, human resources, payments and enterprise financial management.

Sage offers cloud-based and connected software solutions, including Sage Business Cloud products and Sage Intacct, along with related services such as payroll processing, compliance support and financial reporting.