Sage Group PLC (SGPYY) – What Are Investment Firms Saying About This Stock?

Sage Group PLC (OTCMKTS:SGPYY) has been given a consensus rating of “Moderate Buy” by the eight research firms that are currently covering the firm, Marketbeat.com reports. Three analysts have rated the stock with a hold recommendation and five have given a buy recommendation to the company.

A number of research firms have recently weighed in on SGPYY. Morgan Stanley reissued an “overweight” rating on shares of Sage Group in a research note on Friday, August 21st. Canaccord Genuity Group downgraded shares of Sage Group from a “strong-buy” rating to a “hold” rating in a research note on Monday, October 26th. Citigroup reiterated a “buy” rating on shares of Sage Group in a report on Thursday, July 30th. Jefferies Financial Group reissued a “buy” rating on shares of Sage Group in a research report on Wednesday, July 29th. Finally, Deutsche Bank Aktiengesellschaft reissued a “hold” rating on shares of Sage Group in a report on Thursday, July 30th.

Sage Group Stock Performance

Sage Group stock traded down $2.22 during mid-day trading on Friday, hitting $62.06. The company’s stock had a trading volume of 11,041 shares, compared to its average volume of 11,828. The business has a 50 day moving average price of $57.17 and a 200-day moving average price of $50.22. Sage Group has a 12 month low of $41.80 and a 12 month high of $65.22.

Sage Group Company Profile

The Sage Group plc is a United Kingdom-based technology company that develops business-management software and services for small and medium-sized businesses. Its solutions are designed to help organizations manage accounting, finance, payroll, human resources, enterprise operations and related administrative processes.

Sage’s product portfolio includes cloud-based accounting and financial-management applications, payroll and human-resources tools, enterprise-management software, and payment-related services.