The Sage Group plc (SGE) Receives GBX 640.69 Average PT from Analysts

The Sage Group plc (SGE) Receives GBX 640.69 Average PT from Analysts

The Sage Group plc (LON:SGE) has earned a consensus recommendation of “Hold” from the seventeen ratings firms that are covering the company. Six research analysts have rated the stock with a sell recommendation, five have issued a hold recommendation and six have assigned a buy recommendation to the company. The average twelve-month price target among analysts that have issued ratings on the stock in the last year is GBX 640.69 ($7.93).

Several equities research analysts have recently commented on SGE shares. Jefferies Group restated a “buy” rating and issued a GBX 735 ($9.10) price target on shares of The Sage Group plc in a report on Wednesday, July 27th. Deutsche Bank AG restated a “buy” rating and issued a GBX 760 ($9.41) price target on shares of The Sage Group plc in a report on Wednesday, July 27th. Goldman Sachs Group Inc. boosted their price target on shares of The Sage Group plc from GBX 730 ($9.03) to GBX 850 ($10.52) and gave the company a “buy” rating in a report on Tuesday, August 16th. Canaccord Genuity boosted their price target on shares of The Sage Group plc from GBX 620 ($7.67) to GBX 650 ($8.04) and gave the company a “hold” rating in a report on Tuesday, July 26th. Finally, Numis Securities Ltd lowered shares of The Sage Group plc to a “hold” rating and boosted their price target for the company from GBX 665 ($8.23) to GBX 718 ($8.89) in a report on Monday, July 25th.

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