Sage Group (LON:SGE) Neutral Rating Restated Today By Bryan Garnier & Cie; The Price Target Provided Is GBX 540

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Sage Group (LON:SGE) Rating Reaffirmed

Sage Group (LON:SGE) just had their share rating of a ‘Neutral’ issued by research analysts at Bryan Garnier & Cie, who now has a GBX 540 Estimated Target Price on the 6.31 billion GBP market cap company or a -7.46% downside potential. This key information was released in analysts report on Friday, 18 December.

From a total of 18 analysts covering Sage Group The PLC (LON:SGE) stock, 0 rate it a ”Buy”, 0 a “Sell”, and 0 a ”Hold”. This means that NaN of the ratings are positive. The highest target price is GBX 710 while the lowest target price is GBX 400. The mean of all analyst targets is GBX 551.44 with a -3.42% below today’s (GBX 586.5) stock price. Sage Group The PLC was the topic of 42 analyst reports since July 22, 2015 according to the firm StockzIntelligence Inc. Credit Suisse maintained shares on December 10 with “Underperform” rating. Barclays Capital maintained shares with “Underweight” rating and GBX 420 target share price in a report from a December 3. Jefferies maintained SGE stock in a recent report from December 8 with “Buy” rating. BNP Paribas maintained the rating on December 3. BNP Paribas has a “Underperform” rating and a GBX 495 price target on shares. Finally, JP Morgan upgraded the stock to “Overweight” rating in a report issued on a December 4.

Approximately 875,847 shares of stock traded hands. The Sage Group plc (LON:SGE) has risen 2.52% since May 21, 2015 and is uptrending. It has outperformed by 6.33% the S&P500.

Sage Group (LON:SGE) Neutral Rating Restated Today By Bryan Garnier & Cie; The Price Target Provided Is GBX 540

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 6.31 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 32.58 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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