The Sage Group plc (LON:SGE) Given Average Rating of "Hold" by Analysts

Key Points

• The Sage Group plc has an average analyst rating of "Hold", with two analysts recommending a sell, two a hold, and three a buy.
• The current share price is around GBX 1,127.50, with a 12-month target price average of GBX 3,500 among analysts.
• Despite a market capitalization of £10.77 billion, the stock's P/E ratio is notably high at 3,279.52, indicating potential overvaluation concerns.

Shares of The Sage Group plc (LON:SGE - Get Free Report) have received a consensus recommendation of "Hold" from the seven research firms that are covering the company, Marketbeat Ratings reports. Two investment analysts have rated the stock with a sell recommendation, two have issued a hold recommendation and three have issued a buy recommendation on the company. The average 12-month price objective among analysts that have issued ratings on the stock in the last year is GBX 3,500.

A number of research analysts have recently issued reports on the company. JPMorgan Chase & Co. reaffirmed an "overweight" rating on shares of The Sage Group in a research note on Thursday, September 11th. Canaccord Genuity Group reduced their price objective on The Sage Group from GBX 1,090 to GBX 1,080 and set a "sell" rating on the stock in a research note on Thursday, July 31st. Deutsche Bank Aktiengesellschaft reissued a "hold" rating and issued a GBX 1,350 target price on shares of The Sage Group in a research note on Thursday, July 31st. Jefferies Financial Group reissued a "buy" rating and issued a GBX 1,480 target price on shares of The Sage Group in a research note on Thursday, July 31st. Finally, Shore Capital reissued a "hold" rating on shares of The Sage Group in a research note on Wednesday, July 30th.

The Sage Group Stock Up 1.4%

Shares of LON:SGE opened at GBX 1,127.50 on Monday. The stock's 50-day moving average price is GBX 1,102.91 and its 200-day moving average price is GBX 1,182.88. The Sage Group has a 12-month low of GBX 960 and a 12-month high of GBX 1,349. The stock has a market capitalization of £10.77 billion, a P/E ratio of 3,279.52, a price-to-earnings-growth ratio of 1.22 and a beta of 0.53. The company has a current ratio of 0.76, a quick ratio of 0.58 and a debt-to-equity ratio of 114.00.

About The Sage Group

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.

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