The Sage Group plc (SGE.L) – What Are Researchers Thinking About This Stock?

The Sage Group plc (LON:SGE) has been assigned a consensus rating of “Moderate Buy” from the eight research firms that are covering the stock, Marketbeat Ratings reports. Four investment analysts have rated the stock with a hold rating and four have given a buy rating to the company. The average 1-year price target among brokers that have updated their coverage on the stock in the last year is GBX 1,107.86.

Several brokerages recently issued reports on SGE. Canaccord Genuity Group upgraded The Sage Group to a “hold” rating and boosted their price objective for the company from GBX 1,135 to GBX 1,230 in a research report on Monday. Citigroup lifted their target price on The Sage Group from GBX 1,050 to GBX 1,150 and gave the stock a “buy” rating in a report on Thursday, July 30th. Deutsche Bank Aktiengesellschaft raised their target price on The Sage Group from GBX 900 to GBX 1,050 and gave the company a “hold” rating in a research note on Thursday, July 30th. Finally, Jefferies Financial Group reiterated a “buy” rating and issued a GBX 1,000 target price on shares of The Sage Group in a report on Wednesday, July 29th.

The Sage Group Price Performance

Shares of The Sage Group stock opened at GBX 1,139.50 on Friday. The Sage Group has a 1-year low of GBX 771.66 and a 1-year high of GBX 1,198.50. The firm has a fifty day simple moving average of GBX 1,056.01 and a 200-day simple moving average of GBX 927.53. The stock has a market capitalization of £10.26 billion, a price-to-earnings ratio of 28.70, a PEG ratio of 1.22 and a beta of 0.35. The company has a current ratio of 0.62, a quick ratio of 0.58 and a debt-to-equity ratio of 919.09.

The Sage Group Company Profile

The Sage Group plc, together with its subsidiaries, provides technology solutions and services for small and medium businesses in the United States, the United Kingdom, France, and internationally. It offers cloud native solutions, such as Sage Intacct, a cloud accounting software product and financial management software; Sage People, a HR and people management solution; Sage 200, a finance and business management solution; Sage X3, a business management solution; Sage Accounting, a solution for small businesses, accountants, and bookkeepers to manage customer data, accounts, and people; Sage Payroll for small businesses manage their payroll; and Sage HR for small and mid-sized businesses for record management, leave management, staff scheduling, and expenses services.