Brokerages Set The Sage Group plc (SGE) PT at $739.58

Shares of The Sage Group plc (LON:SGE) have been assigned an average rating of “Hold” from the thirteen research firms that are presently covering the stock, MarketBeat reports. Two analysts have rated the stock with a sell rating, five have given a hold rating, five have issued a buy rating and one has assigned a strong buy rating to the company. The average 1 year price objective among brokers that have issued ratings on the stock in the last year is GBX 739.58 ($9.83).

A number of equities research analysts have recently issued reports on SGE shares. Credit Suisse Group reaffirmed a “neutral” rating and set a GBX 700 ($9.30) target price on shares of The Sage Group plc in a report on Tuesday, October 10th. Barclays PLC reaffirmed an “equal weight” rating on shares of The Sage Group plc in a report on Thursday, October 12th. Bryan, Garnier & Co raised shares of The Sage Group plc to a “buy” rating and upped their target price for the stock from GBX 720 ($9.57) to GBX 830 ($11.03) in a report on Friday, September 22nd. J P Morgan Chase & Co reaffirmed an “overweight” rating and set a GBX 780 ($10.36) target price on shares of The Sage Group plc in a report on Wednesday, September 20th. Finally, Goldman Sachs Group, Inc. (The) reaffirmed a “conviction-buy” rating and set a GBX 825 ($10.96) target price on shares of The Sage Group plc in a report on Tuesday, August 22nd.

COPYRIGHT VIOLATION NOTICE: This report was originally reported by The Ledger Gazette and is owned by of The Ledger Gazette. If you are accessing this report on another publication, it was illegally copied and republished in violation of U.S. & international copyright law. The original version of this report can be read at https://ledgergazette.com/2017/10/17/brokerages-set-the-sage-group-plc-sge-pt-at-739-58.html.

Shares of The Sage Group plc (LON SGE) traded down 0.69% during mid-day trading on Thursday, hitting GBX 722.00. 1,058,931 shares of the stock traded hands. The stock’s market cap is GBX 7.79 billion. The firm has a 50 day moving average of GBX 705.90 and a 200 day moving average of GBX 690.15. The Sage Group plc has a 12 month low of GBX 594.99 and a 12 month high of GBX 807.49.

In other The Sage Group plc news, insider Steve Hare sold 93,136 shares of the stock in a transaction dated Friday, August 4th. The shares were sold at an average price of GBX 681 ($9.05), for a total transaction of £634,256.16 ($842,753.34).

The Sage Group plc Company Profile

A number of equities research analysts have recently issued reports on SGE shares. Credit Suisse Group reaffirmed a “neutral” rating and set a GBX 700 ($9.30) target price on shares of The Sage Group plc in a report on Tuesday, October 10th. Barclays PLC reaffirmed an “equal weight” rating on shares of The Sage Group plc in a report on Thursday, October 12th. Bryan, Garnier & Co raised shares of The Sage Group plc to a “buy” rating and upped their target price for the stock from GBX 720 ($9.57) to GBX 830 ($11.03) in a report on Friday, September 22nd. J P Morgan Chase & Co reaffirmed an “overweight” rating and set a GBX 780 ($10.36) target price on shares of The Sage Group plc in a report on Wednesday, September 20th. Finally, Goldman Sachs Group, Inc. (The) reaffirmed a “conviction-buy” rating and set a GBX 825 ($10.96) target price on shares of The Sage Group plc in a report on Tuesday, August 22nd.

COPYRIGHT VIOLATION NOTICE: This report was originally reported by The Ledger Gazette and is owned by of The Ledger Gazette. If you are accessing this report on another publication, it was illegally copied and republished in violation of U.S. & international copyright law. The original version of this report can be read at https://ledgergazette.com/2017/10/17/brokerages-set-the-sage-group-plc-sge-pt-at-739-58.html.

Shares of The Sage Group plc (LON SGE) traded down 0.69% during mid-day trading on Thursday, hitting GBX 722.00. 1,058,931 shares of the stock traded hands. The stock’s market cap is GBX 7.79 billion. The firm has a 50 day moving average of GBX 705.90 and a 200 day moving average of GBX 690.15. The Sage Group plc has a 12 month low of GBX 594.99 and a 12 month high of GBX 807.49.

In other The Sage Group plc news, insider Steve Hare sold 93,136 shares of the stock in a transaction dated Friday, August 4th. The shares were sold at an average price of GBX 681 ($9.05), for a total transaction of £634,256.16 ($842,753.34).

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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