
Canaccord Genuity Group Confirms The Sage Groups (SGE) Hold Ratings
In a research note, reaffirmed a "hold" recommendation on shares of The Sage Group and set a GBX 720 price target. On shares of The Sage Group, Deutsche Bank Aktiengesellschaft reiterated
By
CIO Applications Europe | Monday, February 07, 2022

The Sage Group's stock had its "hold" rating reaffirmed by research analysts at Canaccord Genuity Group. They currently have a GBX 760 price objective on the stock
FREMONT, CA: In a research note, reaffirmed a "hold" recommendation on shares of The Sage Group and set a GBX 720 price target. On shares of The Sage Group, Deutsche Bank Aktiengesellschaft reiterated a "sell" rating and set a price objective of GBX 570. On shares of The Sage Group, JPMorgan Chase & Co. retained a "neutral" rating and set a price target of GBX 735. Morgan Stanley maintained its "equal weight" rating on The Sage Group's stock. Finally, Shore Capital maintained its "hold" rating on The Sage Group's stock. Two financial experts have given the stock a sell recommendation, five have given it a hold recommendation, and two have given it a buy recommendation. The stock presently has an average rating of "Hold" and a consensus price target of GBX 736.43, according to MarketBeat data.
LON SGE opened at GBX 727.20 and has a 50-day simple moving average and a GBX 752.25 of a 200-day simple moving average. The company is valued at £7.43 billion and has a P/E ratio of 27.83. GBX 556 is the Sage Group's 52-week low, and GBX 862.20 is the Sage Group's 52-week high. The debt-to-equity ratio of the company is 73.27, the quick ratio is 0.58, and the current ratio is 0.67.
Stay ahead of the industry with exclusive feature stories on the top companies, expert insights and the latest news delivered straight to your inbox. Subscribe today.
The Sage Group plc and its subsidiaries provide technological solutions and services to small and medium-sized enterprises in North America, Northern Europe, Central and Southern Europe, and also at a global level. Sage Intacct, a cloud financial management platform; Sage People, a cloud HR and people management solution; Sage Accounting, a solution for small businesses, accountants, and bookkeepers to remotely manage customer data, accounts, and people; Sage Payroll, a payroll and HR software; and CakeHR, an HR management solution that enables small businesses to manage workforces with tools such as reporting, organisation chart, pay slip, and time tracking.
More in News
Weekly Brief
I agree We use cookies on this website to enhance your user experience. By clicking any link on this page you are giving your consent for us to set cookies. More info
Be first to read the latest tech news, Industry Leader's Insights, and CIO interviews of medium and large enterprises exclusively from CIO Applications Europe
THANK YOU FOR SUBSCRIBING


