Stock Rating: Sage Group The PLC (LON:SGE) Investors: Jefferies International Reaffirms “Buy” Rating, Sees GBX 735.00/Share

November 28, 2016 - By Adrian Mccoy

Sage Group The PLC (LON:SGE) Rating

They currently have a GBX 735.00 PT on Sage Group The PLC (LON:SGE). Jefferies International’s target would suggest a potential upside of 7.30% from the company’s close price. This was revealed to investors in analysts note on Monday, 28 November.

The Sage Group plc (LON:SGE) Ratings Coverage

Out of 20 analysts covering Sage Group The PLC (LON:SGE), 7 rate it a “Buy”, 9 “Sell”, while 4 “Hold”. This means 35% are positive. GBX 1320 is the highest target while GBX 375 is the lowest. The GBX 678.47 average target is -0.88% below today’s (GBX 684.5) stock price. Sage Group The PLC has been the topic of 105 analyst reports since July 22, 2015 according to StockzIntelligence Inc. Canaccord Genuity maintained The Sage Group plc (LON:SGE) on Wednesday, July 27 with “Hold” rating. The firm earned “Buy” rating on Thursday, November 17 by Jefferies. The company was maintained on Monday, October 12 by Barclays Capital. Credit Suisse maintained it with “Underperform” rating and GBX 420 target price in Tuesday, October 13 report. As per Friday, January 8, the company rating was maintained by Barclays Capital. Investec maintained the stock with “Hold” rating in Thursday, December 3 report. UBS maintained the stock with “Sell” rating in Friday, September 23 report. The rating was maintained by Credit Suisse on Friday, October 7 with “Underperform”. The company was maintained on Monday, April 4 by Credit Suisse. The firm has “Hold” rating by Panmure Gordon given on Monday, April 11.

About 499,189 shares traded hands. The Sage Group plc (LON:SGE) has risen 16.54% since April 28, 2016 and is uptrending. It has outperformed by 10.53% the S&P500.

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 7.39 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 a 42.81 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.

Another recent and important The Sage Group plc (LON:SGE) news was published by Seekingalpha.com which published an article titled: “The Sage Group PLC” on July 12, 2014.

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