The Sage Group plc (LON:SGE) Given Consensus Rating of “Moderate Buy” by Brokerages

The Sage Group plc (LON:SGE) has been given a consensus rating of “Moderate Buy” by the six brokerages that are covering the stock, Marketbeat Ratings reports. One investment analyst has rated the stock with a hold rating and five have given a buy rating to the company. The average 1-year price target among analysts that have updated their coverage on the stock in the last year is GBX 1,173 ($15.32).

A number of equities research analysts have issued reports on SGE shares. Canaccord Genuity Group restated a “buy” rating and set a GBX 615 ($8.03) price target on shares of The Sage Group in a report on Monday, July 1st. Jefferies Financial Group restated a “buy” rating and set a GBX 1,400 ($18.28) price target on shares of The Sage Group in a report on Thursday, June 27th. Finally, JPMorgan Chase & Co. decreased their price target on shares of The Sage Group from GBX 1,300 ($16.98) to GBX 1,250 ($16.32) and set an “overweight” rating for the company in a report on Wednesday, July 31st.

The Sage Group Stock Up 1.5 %

SGE stock opened at GBX 1,025.50 ($13.39) on Tuesday. The company has a debt-to-equity ratio of 115.72, a current ratio of 0.72 and a quick ratio of 0.58. The Sage Group has a 52-week low of GBX 944.96 ($12.34) and a 52-week high of GBX 1,285 ($16.78). The company has a 50-day moving average of GBX 1,013.27 and a two-hundred day moving average of GBX 1,081.79. The stock has a market capitalization of £10.22 billion, a price-to-earnings ratio of 3,944.23, a price-to-earnings-growth ratio of 1.22 and a beta of 0.53.

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.