Barclays lowered shares of SAGE Grp PLC/GDR (OTCMKTS:SGPYY) from an equal weight rating to a sell rating in a research note published on Tuesday morning, The Fly reports.
Separately, Zacks Investment Research cut shares of SAGE Grp PLC/GDR from a hold rating to a sell rating in a research note on Saturday, July 7th. One investment analyst has rated the stock with a sell rating, three have issued a hold rating, one has given a buy rating and one has assigned a strong buy rating to the stock. SAGE Grp PLC/GDR has a consensus rating of Hold and a consensus price target of $40.00.
SGPYY opened at $29.90 on Tuesday. The company has a quick ratio of 0.74, a current ratio of 0.75 and a debt-to-equity ratio of 0.77. SAGE Grp PLC/GDR has a 1 year low of $28.54 and a 1 year high of $47.12. The firm has a market capitalization of $8.41 billion, a P/E ratio of 19.54, a PEG ratio of 1.79 and a beta of 1.08.
About SAGE Grp PLC/GDR
The Sage Group plc provides business management software and services for small and medium sized companies. It offers software and services for accounting and payroll, enterprise resource planning, customer relationship management, and payments. The company serves business owners, bookkeepers, and finance directors.
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