The Sage Group plc (LON:SGE) Receives GBX 3,446.67 Average PT from Analysts

Shares of The Sage Group plc (LON:SGE - Get Free Report) have been assigned a consensus rating of "Hold" from the seven brokerages that are covering the company, MarketBeat Ratings reports. Two analysts have rated the stock with a sell rating, two have given a hold rating and three have assigned a buy rating to the company. The average 1 year price objective among brokers that have covered the stock in the last year is GBX 3,446.67 ($44.61).

Several research analysts have recently commented on the company. Canaccord Genuity Group reiterated a "sell" rating and set a GBX 1,090 ($14.11) price target on shares of The Sage Group in a report on Thursday, January 30th. Shore Capital reaffirmed a "hold" rating on shares of The Sage Group in a research note on Thursday, January 30th. Finally, Citigroup reissued a "buy" rating on shares of The Sage Group in a research note on Tuesday, January 7th.

The Sage Group Trading Up 0.4 %

The Sage Group stock traded up GBX 5 ($0.06) during trading on Thursday, reaching GBX 1,210 ($15.66). 7,781,404 shares of the company were exchanged, compared to its average volume of 12,812,241. The stock's 50 day simple moving average is GBX 1,273.49 and its two-hundred day simple moving average is GBX 1,185.40. The company has a market capitalization of £11.98 billion, a P/E ratio of 47.03, a PEG ratio of 1.22 and a beta of 0.53. The company has a debt-to-equity ratio of 114.00, a current ratio of 0.76 and a quick ratio of 0.58. The Sage Group has a 52-week low of GBX 954.20 ($12.35) and a 52-week high of GBX 1,349 ($17.46).

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The Sage Group Increases Dividend

The company also recently announced a dividend, which was paid on Tuesday, February 11th. Investors of record on Thursday, January 9th were paid a dividend of GBX 13.50 ($0.17) per share. This is a positive change from The Sage Group's previous dividend of $6.95. The ex-dividend date of this dividend was Thursday, January 9th. This represents a yield of 1.25%. The Sage Group's dividend payout ratio is presently 77.74%.

The Sage Group Company Profile

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.