Jefferies Has Just Reaffirmed GBX 710 Target Price Per Share on Sage Group (LON:SGE) stock, While They’ve Also Reiterated Their “Buy” Rating

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Sage Group (LON:SGE) Rating Reaffirmed

In recent note distributed this morning, Jefferies kept steady their “Buy” rating on Sage Group (LON:SGE) shares. The PT gives a possible upside of 15.17% from firm’s previous stock close.

From a total of 18 analysts covering Sage Group The PLC (LON:SGE) stock, 4 rate it a ”Buy”, 7 a “Sell”, and 7 a ”Hold”. This means that 22% of the ratings are positive. The highest target price is GBX 670 while the lowest target price is GBX 360. The mean of all analyst targets is GBX 538.94 with a -8.84% below today’s (GBX 612.5) stock price. Sage Group The PLC was the topic of 40 analyst reports since July 22, 2015 according to the firm StockzIntelligence Inc. Jefferies maintained shares on December 8 with “Buy” rating. Barclays Capital maintained shares with “Underweight” rating and GBX 420 target share price in a report from a December 3. JP Morgan upgraded SGE stock in a recent report from December 4 to “Overweight” rating. Investec maintained the rating on December 3. Investec has a “Hold” rating and a GBX 535 price target on shares. Finally, BNP Paribas maintained the stock with “Underperform” rating in a report issued on a December 3.

Approximately 1.23M shares of stock traded hands. The Sage Group plc (LON:SGE) has risen 10.43% since May 11, 2015 and is uptrending. It has outperformed by 11.02% the S&P500.

Jefferies Has Just Reaffirmed GBX 710 Target Price Per Share on Sage Group (LON:SGE) stock, While They’ve Also Reiterated Their

The Sage Group plc is a United Kingdom company, which provides small and medium sized enterprises with a range of business management software and services, including accounting, human resource (HR) and payroll, enterprise resource planning (ERP), payments, customer relationship management (CRM), mobility and business intelligence. The company has a market cap of 6.54 billion GBP. The Firm operates through three divisions: Europe, which includes activities in France, the United Kingdom and Ireland, Spain, Germany, Switzerland, Poland, Portugal and Sagepay; Americas, which includes the United States, Brazil and Canada, and AAMEA, which include Africa, Australia, Middle East and Asia. It has 34.03 P/E ratio. The Africa activities are based in South Africa and the Middle East, and its Asia activities are based in Singapore, Malaysia and the United Arab Emirates.

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