SAGE GROUP ORD 1 4/77P – Consensus Indicates Potential -10.9% Downside

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SAGE GROUP ORD 1 4/77P found using the EPIC (LON:SGE) have now 16 analysts covering the company. The target price ranges between £8.70 and £4.65 meaning the average target price is £6.17. Now with the previous closing price of £6.93 this now indicates there is a potential downside of -10.9%. There is a 50 day moving average of £6.88 and the 200 moving average now moves to £6.33. The market cap for the company is £7b. Company Website: http://www.sage.com

The Sage Group , together with its subsidiaries, provides technology solutions and services for small and medium businesses in North America, Northern Europe, Central and Southern Europe, and internationally. It offers cloud native solutions, such as Sage Intacct, a cloud financial management platform; Sage People, a cloud HR and people management solution; Sage Accounting, a solution for small businesses, accountants and bookkeepers to remotely manage customer data, accounts, and people; Sage Payroll, a payroll and HR software; and CakeHR, a HR management solution that enables small businesses to manage workforces with tools comprises reporting, organization chart, pay slip, and absence request. The company also provides cloud connected and hybrid solutions, including Sage X3, a business management solution; and Sage 50cloud and Sage 200cloud provides a range of cloud connected accounting solutions. The company was founded in 1981 and is headquartered in Newcastle upon Tyne, the United Kingdom.

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    Sage Group plc (LON:SGE) CEO Steve Hare discusses strong first-half results, revenue growth, and innovation in automating accounting workflows.

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