Sage Group (OTCMKTS:SGPYY) Upgraded to Strong-Buy at Zacks Research

Sage Group (OTCMKTS:SGPYY) was upgraded by Zacks Research from a “hold” rating to a “strong-buy” rating in a report released on Tuesday,Zacks.com reports.

A number of other research firms have also weighed in on SGPYY. Jefferies Financial Group reiterated a “buy” rating on shares of Sage Group in a research report on Wednesday, June 25th. Oddo Bhf began coverage on Sage Group in a research report on Thursday, July 10th. They issued an “outperform” rating for the company. One investment analyst has rated the stock with a Strong Buy rating and two have issued a Buy rating to the company. According to MarketBeat, the company currently has an average rating of “Buy”.

Sage Group Stock Up 1.8%

Shares of SGPYY stock opened at $62.99 on Tuesday. The stock has a 50-day simple moving average of $59.34 and a 200 day simple moving average of $63.42. Sage Group has a fifty-two week low of $49.22 and a fifty-two week high of $69.79.

About Sage Group

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.