The Sage Group (SGE) Earns Sell Rating from Deutsche Bank

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Deutsche Bank reiterated their sell rating on shares of The Sage Group (LON:SGE) in a research note issued to investors on Tuesday. They currently have a GBX 540 ($6.97) target price on the stock.

Other research analysts also recently issued research reports about the stock. Citigroup reissued a buy rating and issued a GBX 680 ($8.77) target price on shares of The Sage Group in a research note on Monday. Shore Capital reissued a buy rating on shares of The Sage Group in a research note on Thursday, August 2nd. Barclays reissued an equal weight rating on shares of The Sage Group in a research note on Tuesday, July 10th. Numis Securities reissued a hold rating on shares of The Sage Group in a research note on Friday, August 3rd. Finally, UBS Group reissued a neutral rating and issued a GBX 700 ($9.03) target price (down previously from GBX 740 ($9.55)) on shares of The Sage Group in a research note on Friday, August 3rd. Three equities research analysts have rated the stock with a sell rating, five have given a hold rating and five have assigned a buy rating to the company. The stock has a consensus rating of Hold and a consensus target price of GBX 688.31 ($8.88).

Shares of SGE stock opened at GBX 569.80 ($7.35) on Tuesday. The Sage Group has a twelve month low of GBX 613 ($7.91) and a twelve month high of GBX 825.20 ($10.64).

The Sage Group Company Profile

The Sage Group plc provides business management software and services for small and medium sized companies. It offers software and services for accounting and payroll, enterprise resource planning, customer relationship management, and payments. The company serves business owners, bookkeepers, and finance directors.

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Analyst Recommendations for The Sage Group (LON:SGE)

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