The Sage Group (SGE) Stock Forecast & Price Target

GBX 1,082

+22.00 (+2.08%)

(As of 07/26/2024 ET)

Stock Analysis Analyst Forecasts Chart Competitors Dividend Headlines Insider Trades

The Sage Group - Analysts' Recommendations and Stock Price Forecast (2024)

MarketBeat calculates consensus analyst ratings for stocks using the most recent rating from each Wall Street analyst that has rated a stock within the last twelve months. Each analyst's rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Analyst consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings from Wall Street analysts. Each stock's consensus analyst rating is derived from its calculated consensus ratings score (0 to .5 = Strong Sell, .5 to 1 = Sell, 1 to 1.5 = Reduce, 1.5 to 2.5 = Hold, 2.5 to 3.0 = Moderate Buy, 3.0 to 3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.

Consensus Rating

Moderate Buy
Based on 6 Analyst Ratings

Based on 6 Wall Street analysts who have issued ratings for The Sage Group in the last 12 months, the stock has a consensus rating of "Moderate Buy." Out of the 6 analysts, 1 has given a hold rating, and 5 have given a buy rating for SGE.

Consensus Price Target

GBX 1,183

High Forecast	GBX 1,400
Average Forecast	GBX 1,183
Low Forecast	GBX 615

According to the 6 analysts' twelve-month price targets for The Sage Group, the average price target is GBX 1,183. The highest price target for SGE is GBX 1,400, while the lowest price target for SGE is GBX 615. The average price target represents a forecasted upside of 9.33% from the current price of GBX 1,082.

Type	Current Forecast 7/28/23 to 7/27/24	1 Month Ago 6/28/23 to 6/27/24	3 Months Ago 4/29/23 to 4/28/24	1 Year Ago 7/28/22 to 7/28/23
Consensus Rating	Moderate Buy	Hold	Hold	Moderate Buy
Strong Buy	0 Strong Buy rating(s)	0 Strong Buy rating(s)	0 Strong Buy rating(s)	0 Strong Buy rating(s)
Buy	5 Buy rating(s)	4 Buy rating(s)	5 Buy rating(s)	6 Buy rating(s)
Hold	1 Hold rating(s)	2 Hold rating(s)	3 Hold rating(s)	3 Hold rating(s)
Sell	0 Sell rating(s)	1 Sell rating(s)	1 Sell rating(s)	0 Sell rating(s)
Consensus Price Target	GBX 1,183	GBX 1,178.33	GBX 1,052.50	GBX 852.14

Get The Sage Group Upgrade and Downgrade Alerts

Sign-up to receive the latest news and ratings for SGE and its competitors with MarketBeat's FREE daily newsletter.

Ad Crypto 101 Media

Next opportunity for crypto millions

The Bitcoin halving is the #1 creator of "crypto millionaires". That's because historically, every halving has led to a massive bull run in the year after it happens. That means we're in the "golden window" right now…

Check out the new "Crypto Bull Run Millionaire Blueprint" now!

SGE Analyst Recommendations By Month

The chart below shows how a company's ratings by analysts have changed over time. Each bar represents the previous year of ratings for that month. Within each bar, the sell ratings are shown in red, the hold ratings are shown in yellow, the buy ratings are shown in green, and the strong buy ratings are shown in dark green.

SGE Price Targets by Month

The chart below shows how a company's share price and consensus price target have changed over time. The dark blue line represents the company's actual price. The lighter blue line represents the stock's consensus price target. The even lighter blue range in the background of the two lines represents the low price target and the high price target for each stock.

The Sage Group Stock vs. The Competition

Type	The Sage Group	Computer and Technology Companies
Consensus Rating Score	2.83	2.61
Consensus Rating	Moderate Buy	Moderate Buy
News Sentiment Rating	Neutral News	Positive News

Recent Analyst Forecasts and Stock Ratings

Rating

Upside/Downside

Action

Time Frame

Start Date

End Date

Show

Export to Excel

Date	Brokerage	Action	Rating	Price Target	Upside/Downside on Report Date
7/1/2024	JPMorgan Chase & Co. 3 of 5 stars	Reiterated Rating	Overweight	GBX 1,300	+20.15%
7/1/2024	Canaccord Genuity Group 3 of 5 stars	Reiterated Rating	Buy	GBX 615	-43.16%
6/27/2024	Jefferies Financial Group 2 of 5 stars	Reiterated Rating	Buy	GBX 1,400	+29.03%
5/16/2024	Shore Capital Subscribe to MarketBeat All Access for the recommendation accuracy rating	Reiterated Rating	Hold
11/23/2023	Bank of America Subscribe to MarketBeat All Access for the recommendation accuracy rating	Boost Target	Buy	GBX 1,150 ➝ GBX 1,300	+14.89%
11/23/2023	Citigroup Subscribe to MarketBeat All Access for the recommendation accuracy rating	Reiterated Rating	Buy	GBX 1,300	+14.89%
Get the Latest News and Ratings for SGE and Related Stocks Enter your email address below to receive the latest news and analysts' ratings for The Sage Group and its competitors with MarketBeat's FREE daily newsletter.
7/6/2023	Barclays Subscribe to MarketBeat All Access for the recommendation accuracy rating	Boost Target	Equal Weight	GBX 810 ➝ GBX 850	-6.55%
5/25/2023	Deutsche Bank Aktiengesellschaft Subscribe to MarketBeat All Access for the recommendation accuracy rating	Reiterated Rating	Hold	GBX 800	-5.79%
3/17/2023	BNP Paribas Subscribe to MarketBeat All Access for the recommendation accuracy rating	Downgrade	Neutral
1/24/2023	Numis Securities Subscribe to MarketBeat All Access for the recommendation accuracy rating	Downgrade	Add	GBX 965 ➝ GBX 880	+15.30%

Analyst ratings data on MarketBeat is provided by Benzinga and other data providers. This page was last refreshed on Saturday at 01:57 AM ET.

SGE Forecast - Frequently Asked Questions

What is The Sage Group's forecast for 2024?: According to the research reports of 6 Wall Street equities research analysts, the average twelve-month stock price forecast for The Sage Group is GBX 1,183, with a high forecast of GBX 1,400 and a low forecast of GBX 615.
Should I buy or sell The Sage Group stock right now?: 6 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for The Sage Group in the last year. There is currently 1 hold rating and 5 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "moderate buy" SGE shares.
Does The Sage Group's stock price have much upside?: According to analysts, The Sage Group's stock has a predicted upside of 7.31% based on their 12-month stock forecasts.
What analysts cover The Sage Group?: The Sage Group has been rated by research analysts at Canaccord Genuity Group, Jefferies Financial Group, JPMorgan Chase & Co., and Shore Capital in the past 90 days.
Do Wall Street analysts like The Sage Group more than its competitors?: Analysts like The Sage Group more than other "computer and technology" companies. The consensus rating score for The Sage Group is 2.83 while the average consensus rating score for "computer and technology" companies is 2.61. Learn more on how SGE compares to other companies.