The Sage Group plc (LON:SGE) traded up 0% on Friday . The company traded as high as GBX 795.50 ($10.71) and last traded at GBX 795.50 ($10.71). 766,163 shares traded hands during mid-day trading, a decline of 76% from the average session volume of 3,230,000 shares. The stock had previously closed at GBX 795.50 ($10.71).
A number of equities research analysts have weighed in on the company. J P Morgan Chase & Co reaffirmed an “overweight” rating and issued a GBX 830 ($11.17) target price on shares of The Sage Group in a report on Monday, December 18th. Canaccord Genuity raised their target price on The Sage Group from GBX 585 ($7.87) to GBX 636 ($8.56) and gave the company a “sell” rating in a report on Thursday, November 23rd. Numis Securities raised their target price on The Sage Group from GBX 813 ($10.94) to GBX 861 ($11.59) and gave the company an “add” rating in a report on Thursday, November 23rd. Bryan, Garnier & Co raised their target price on The Sage Group from GBX 830 ($11.17) to GBX 860 ($11.57) and gave the company a “buy” rating in a report on Thursday, November 23rd. Finally, Societe Generale raised their target price on The Sage Group from GBX 565 ($7.60) to GBX 643 ($8.65) and gave the company a “sell” rating in a report on Thursday, November 23rd. Two investment analysts have rated the stock with a sell rating, five have given a hold rating and six have given a buy rating to the company’s stock. The Sage Group presently has a consensus rating of “Hold” and an average price target of GBX 771.31 ($10.38).
The stock has a market capitalization of $8,550.00 and a P/E ratio of 3,314.58.
The Sage Group 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.
Receive News & Ratings for The Sage Group Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for The Sage Group and related companies with MarketBeat.com's FREE daily email newsletter.