The Sage Group PLC (LSE:SGE), listed on the London Stock Exchange under LSE:SGE, has received a “buy” rating from eight research firms, while four analysts recommend holding the stock. The average 12-month price target among these analysts is GBX 777 ($9.47). Recent equity research reports on SGE showed a mix of downgrades and upgrades, with Numis Securities downgrading the company to an “add” rating with a lowered target price, while Deutsche Bank Aktiengesellschaft upgraded the company to a “hold” rating with a raised target price. The Sage Group’s current market capitalization is £7.46 billion, with a price-to-earnings ratio of 2,934.40, and a dividend payout ratio of 7,200.00%.
Analysts suggest that The Sage Group presents a moderately attractive investment opportunity, based on their ratings and target prices. However, the recent downgrades by Numis Securities and BNP Paribas may raise concerns among some investors. It’s worth noting that the company’s dividend payout ratio is quite high, indicating that it may not be sustainable in the long term. Investors should consider these factors and conduct their own due diligence before making any investment decisions.
Sage Group PLC Stock Forecast
According to forecasts from four analysts, Sage Group PLC has an average analyst target price of GBX 788.33 over the next 12 months, and its average analyst rating is “Buy.” Stock Target Advisor’s analysis of the company is “Slightly Bullish,” based on 9 positive signals and 6 negative signals. The stock’s last closing price was GBX 733.60, representing a change of -3.65% over the past week, -3.65% over the past month, and +3.76% over the last year.
Company Overview
The Sage Group plc is a multinational company that offers technology solutions and services to small and medium-sized businesses across the globe. Its product line includes cloud-native solutions such as Sage Intacct for financial management, Sage People for HR and people management, Sage 200 for business and finance management, Sage X3 for overall business management, and Sage Accounting for customer data, accounts, and people management. The company also provides Sage Payroll for managing small business payroll, and Sage HR for record management, leave management, staff scheduling, and expense services. Additionally, Sage offers Sage 50cloud and Sage 200cloud, which offer a range of cloud-connected accounting solutions. Founded in 1981, The Sage Group plc is headquartered in Newcastle upon Tyne, United Kingdom.
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