The Sage Group plc (LON:SGE) Receives GBX 3,446.67 Consensus PT from Brokerages

The Sage Group plc (LON:SGE - Get Free Report) has been given a consensus rating of "Hold" by the seven brokerages that are covering the company, MarketBeat Ratings reports. Two investment analysts have rated the stock with a sell recommendation, two have assigned a hold recommendation and three have given a buy recommendation to the company. The average 1 year target price among brokers that have updated their coverage on the stock in the last year is GBX 3,446.67 ($45.97).

Several research firms have recently issued reports on SGE. Canaccord Genuity Group restated a "sell" rating and set a GBX 1,090 ($14.54) price objective on shares of The Sage Group in a report on Thursday, January 30th. Shore Capital restated a "hold" rating on shares of The Sage Group in a research note on Thursday, January 30th. Finally, Citigroup reiterated a "buy" rating on shares of The Sage Group in a research note on Tuesday, January 7th.

The Sage Group Stock Performance

The Sage Group stock traded up GBX 10.50 ($0.14) on Monday, reaching GBX 1,200.50 ($16.01). 2,268,937 shares of the stock were exchanged, compared to its average volume of 12,906,096. The firm has a fifty day moving average price of GBX 1,206.19 and a two-hundred day moving average price of GBX 1,206.16. The Sage Group has a twelve month low of GBX 954.20 ($12.73) and a twelve month high of GBX 1,349 ($17.99). The stock has a market cap of £11.88 billion, a PE ratio of 46.66, a PEG 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.

The Sage Group Increases Dividend

The company also recently disclosed a dividend, which was paid on Tuesday, February 11th. Stockholders of record on Thursday, January 9th were issued a dividend of GBX 13.50 ($0.18) per share. This is a positive change from The Sage Group's previous dividend of $6.95. The ex-dividend date was Thursday, January 9th. This represents a dividend yield of 1.25%. The Sage Group's dividend payout ratio (DPR) is presently 77.74%.

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.