The Sage Group plc (LON:SGE) insider Neil Berkett sold 3,188 shares of the company’s stock in a transaction that occurred on Wednesday, March 28th. The stock was sold at an average price of GBX 642 ($8.39), for a total transaction of £20,466.96 ($26,743.71).
Shares of SGE stock opened at GBX 526.40 ($6.88) on Monday. The Sage Group plc has a 1 year low of GBX 613 ($8.01) and a 1 year high of GBX 825.20 ($10.78).
A number of equities analysts have recently issued reports on the stock. Deutsche Bank upgraded shares of The Sage Group to a “hold” rating and set a GBX 540 ($7.06) target price on the stock in a research report on Wednesday, October 10th. Barclays lowered shares of The Sage Group to an “underweight” rating and reduced their target price for the stock from GBX 675 ($8.82) to GBX 495 ($6.47) in a research report on Tuesday, October 9th. UBS Group reiterated a “neutral” rating and set a GBX 700 ($9.15) target price on shares of The Sage Group in a research report on Tuesday, September 25th. Morgan Stanley reduced their target price on shares of The Sage Group from GBX 610 ($7.97) to GBX 570 ($7.45) and set an “underweight” rating on the stock in a research report on Wednesday, September 12th. Finally, Citigroup reiterated a “buy” rating and set a GBX 680 ($8.89) target price on shares of The Sage Group in a research report on Monday, September 3rd. Four analysts have rated the stock with a sell rating, five have given a hold rating and five have issued a buy rating to the company. The company currently has an average rating of “Hold” and a consensus target price of GBX 666.29 ($8.71).
The Sage Group plc provides business management software and services for small and medium sized companies. It offers software and services for accounting and payroll, enterprise resource planning, customer relationship management, and payments. The company serves business owners, bookkeepers, and finance directors.
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