The JPMorgan Chase & Co. Reiterates “Overweight” Rating for The Sage Group plc (SGE)

The JPMorgan Chase & Co. Reiterates “Overweight” Rating for The Sage Group plc (SGE)

A number of other equities research analysts have also commented on SGE. BNP Paribas upgraded The Sage Group plc to an “outperform” rating and increased their price target for the stock from GBX 640 ($8.22) to GBX 750 ($9.63) in a research report on Friday, February 10th. Bryan, Garnier & Co upped their price objective on The Sage Group plc from GBX 640 ($8.22) to GBX 660 ($8.48) and gave the stock a “neutral” rating in a report on Monday, March 6th. Barclays PLC reaffirmed an “underweight” rating and set a GBX 540 ($6.94) price objective on shares of The Sage Group plc in a report on Wednesday, March 15th. Deutsche Bank AG reaffirmed a “hold” rating and set a GBX 615 ($7.90) price objective on shares of The Sage Group plc in a report on Friday, April 7th. Finally, Credit Suisse Group AG reaffirmed an “underperform” rating and set a GBX 600 ($7.71) price objective on shares of The Sage Group plc in a report on Wednesday, April 19th. Five research analysts have rated the stock with a sell rating, five have assigned a hold rating and five have given a buy rating to the stock. The Sage Group plc has a consensus rating of “Hold” and an average target price of GBX 675.53 ($8.68).

The Sage Group plc (LON:SGE)‘s stock had its “overweight” rating restated by research analysts at JPMorgan Chase & Co. in a note issued to investors on Monday. They currently have a GBX 780 ($10.02) price target on the stock. JPMorgan Chase & Co.’s price target suggests a potential upside of 7.00% from the stock’s previous close.

Shares of The Sage Group plc (SGE) opened at 733.657715 on Monday. The Sage Group plc has a 52 week low of GBX 573.00 and a 52 week high of GBX 807.49. The firm’s 50-day moving average price is GBX 689.53 and its 200 day moving average price is GBX 656.18. The company’s market cap is GBX 7.92 billion.

About The Sage Group plc The Sage Group plc is a United Kingdom-based company, which provides integrated accounting, payroll and payments solutions. The Company also provides the option of solutions hosted locally and accessed on-premise. The Company’s segments include Europe, which consists of France, the United Kingdom and the Ireland, Spain, Germany, Switzerland, Poland, Portugal and Sagepay; North America, which consists of the United States and Canada, and International, which consists of Brazil, Africa, Australia, the Middle East and Asia.new TradingView.widget({ “height”: 400, “width”: 625, “symbol”: “LSE:SGE”, “interval”: “D”, “timezone”: “Etc/UTC”, “theme”: “White”, “style”: “1”, “locale”: “en”, “toolbar_bg”: “#f1f3f6”, “enable_publishing”: false, “hideideas”: true, “referral_id”: “2588”});

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