Deutsche Bank reissued their sell rating on shares of The Sage Group (LON:SGE) in a report published on Friday morning, ThisIsMoney.Co.Uk reports.
Other research analysts have also issued reports about the stock. Numis Securities reaffirmed a buy rating and issued a GBX 340 ($4.44) price target on shares of BT Group in a report on Monday, May 20th. Barclays reaffirmed an underweight rating and issued a GBX 600 ($7.84) price target on shares of in a report on Monday, July 8th. Shore Capital reaffirmed a buy rating on shares of The Sage Group in a report on Friday, May 17th. JPMorgan Chase & Co. set a $90.00 price target on shares of Duke Energy and gave the company a hold rating in a report on Monday, May 20th. Finally, UBS Group lowered shares of CR AGRICOLE S A/ADR from a buy rating to a neutral rating in a report on Monday, May 20th. Four research analysts have rated the stock with a sell rating, four have assigned a hold rating and four have given a buy rating to the company. The stock currently has a consensus rating of Hold and a consensus price target of GBX 645.50 ($8.43).
LON SGE opened at GBX 814.20 ($10.64) on Friday. The Sage Group has a one year low of GBX 491.30 ($6.42) and a one year high of GBX 826 ($10.79). The firm has a 50-day simple moving average of GBX 781.70. The company has a debt-to-equity ratio of 55.89, a current ratio of 0.76 and a quick ratio of 0.72. The firm has a market cap of $8.85 billion and a price-to-earnings ratio of 28.37.
About The Sage Group
The Sage Group plc, together with its subsidiaries, provides technology solutions and services. It offers Sage business cloud accounting solution; Sage business cloud financials, a solution that provides real-time source of information; Sage business cloud people, a cloud HR and people system; Sage business cloud enterprise management, a solution for managing the business; and Sage Intacct, a solution for CFOs to access integrated management and financial reports across the business entities.
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