The Sage Group (LON:SGE – Get Free Report)‘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).
View Our Latest Stock Analysis on The Sage Group
The Sage Group Stock Down 0.5 %
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.
Featured Articles
- Five stocks we like better than The Sage Group
- How to Effectively Use the MarketBeat Ratings Screener
- Why Paychex Stock’s Dip is the Best Opportunity in Today’s Cycle
- How to Invest in the Best Canadian Stocks
- Any Pullback in Tech May Signal a Rotation into These 3 Sectors
- With Risk Tolerance, One Size Does Not Fit All
- 3 Stocks to Watch: Oracle, Casey’s, FedEx Signal Big Gains
Receive News & Ratings for The Sage Group Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for The Sage Group and related companies with MarketBeat.com's FREE daily email newsletter.