The Sage Group (LON:SGE) Given Buy Rating at Jefferies Financial Group

The Sage Group (LON:SGE)‘s stock had its “buy” rating reaffirmed by stock analysts at Jefferies Financial Group in a research note issued to investors on Thursday, Digital Look reports. They presently have a GBX 1,400 ($17.76) target price on the stock. Jefferies Financial Group’s price objective indicates a potential upside of 28.97% from the company’s previous close.

Other equities research analysts also recently issued reports about the company. Shore Capital reiterated a “hold” rating on shares of The Sage Group in a report on Thursday, May 16th. Canaccord Genuity Group reiterated a “sell” rating and set a GBX 970 ($12.30) price objective on shares of The Sage Group in a research note on Friday, May 17th. One equities research analyst has rated the stock with a sell rating, two have issued a hold rating and four have issued a buy rating to the company’s stock. Based on data from MarketBeat, the company presently has a consensus rating of “Hold” and a consensus price target of GBX 1,178.33 ($14.95).

The Sage Group Stock Down 0.5 %

Shares of LON SGE opened at GBX 1,085.50 ($13.77) on Thursday. The stock has a fifty day moving average price of GBX 1,106.31 and a 200 day moving average price of GBX 1,164.30. The company has a current ratio of 0.72, a quick ratio of 0.58 and a debt-to-equity ratio of 115.72. The Sage Group has a 12-month low of GBX 892.40 ($11.32) and a 12-month high of GBX 1,285 ($16.30). The company has a market cap of £10.84 billion, a P/E ratio of 4,173.08, a P/E/G ratio of 2.80 and a beta of 0.59.

Insider Transactions at The Sage Group

In other news, insider Annette Court purchased 950 shares of the firm’s stock in a transaction that occurred on Tuesday, June 18th. The stock was acquired at an average cost of GBX 1,065 ($13.51) per share, for a total transaction of £10,117.50 ($12,834.58). Corporate insiders own 0.67% of the company’s stock.

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.