The Sage Group (OTCMKTS:SGPYY)'s stock had its "sell" rating reissued by investment analysts at Societe Generale in a research report issued on Friday, The Fly reports.
SGPYY has been the topic of several other reports. Canaccord Genuity reiterated a "buy" rating on shares of The Sage Group in a research report on Monday, January 11th. UBS Group raised shares of The Sage Group from a "sell" rating to a "neutral" rating in a research note on Monday, January 25th. Morgan Stanley raised The Sage Group from an "underweight" rating to an "equal weight" rating in a research report on Thursday, December 10th. Zacks Investment Research raised The Sage Group from a "hold" rating to a "buy" rating and set a $40.00 target price on the stock in a report on Thursday. Finally, Citigroup Inc. 3% Minimum Coupon Principal Protected Based Upon Russell raised The Sage Group to a "buy" rating in a research note on Thursday. Four analysts have rated the stock with a sell rating, three have assigned a hold rating and six have issued a buy rating to the company's stock. The company currently has a consensus rating of "Hold" and a consensus price target of $40.00.
Shares of SGPYY stock traded up $1.48 on Friday, reaching $36.63. The company had a trading volume of 16,853 shares, compared to its average volume of 18,387. The stock has a market capitalization of $9.99 billion, a PE ratio of 25.98 and a beta of 0.94. The company has a quick ratio of 1.23, a current ratio of 1.23 and a debt-to-equity ratio of 0.59. The business's 50-day moving average is $33.87 and its 200 day moving average is $34.14. The Sage Group has a one year low of $30.07 and a one year high of $41.06.
About The Sage Group
The Sage Group plc, together with its subsidiaries, provides technology solutions and services for small and medium businesses in North America, Northern Europe, Central and Southern Europe, and internationally. It offers cloud native solutions, such as 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, a HR management solution that enables small businesses to manage workforces with tools comprises reporting, organization chart, pay slip, and absence request.
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