Sage Group PLC 11.5% potential upside indicated by JP Morgan Cazenove

Sage Group PLC with ticker (LON:SGE) now has a potential upside of 11.5% according to JP Morgan Cazenove.



JP Morgan Cazenove set a target price of 1,100 GBX for the company, which when compared to the Sage Group PLC share price of 986 GBX at opening today (29/09/2023) indicates a potential upside of 11.5%. Trading has ranged between 666 (52 week low) and 1,055 (52 week high) with an average of 2,450,955 shares exchanging hands daily. The market capitalisation at the time of writing is £10,169,192,263.

The Sage Group plc is a cloud business management solution company. The Company’s segments include Northern Europe, International-Central and Southern Europe and North America. It is engaged in the development, distribution, and support of business management software and related products and services for small and medium-sized businesses. Its products include Sage Intacct, Sage Accounting, Sage Payroll, Sage People, Sage HR, Sage 50cloud and Sage 200cloud, and Sage X3, among others. Sage Intacct provides cloud-native solutions for organizations across accounting, planning, analytics, and payroll. Sage Accounting enables small businesses, accountants and bookkeepers to manage their customer data, accounts and people all in one cloud-native solution. Sage Payroll is a cloud-based solution that helps customers run their payroll, including pensions filing and HMRC submissions and compliance. The Company provides solutions for industries, including construction, manufacturing, and others.