Sage Group PLC 28.3% potential upside indicated by Jefferies

Sage Group PLC with ticker (LON:SGE) now has a potential upside of 28.3% according to Jefferies.

SGE.L

Jefferies set a target price of 1,400 GBX for the company, which when compared to the Sage Group PLC share price of 1,091 GBX at opening today (01/07/2024) indicates a potential upside of 28.3%. Trading has ranged between 892 (52 week low) and 1,285 (52 week high) with an average of 4,028,250 shares exchanging hands daily. The market capitalisation at the time of writing is £10,845,277,170.

The Sage Group plc is a United Kingdom-based company, which provides cloud business management solutions, supporting small and medium sized businesses (SMBs) globally. The Company provides accounting, financial, human resources (HR) and payroll technology for SMBs. Its segments include North America, United Kingdom, Ireland, Africa and APAC (UKIA) and Europe. Its products include Sage Accounting, Payroll software, Sage Intacct, Sage X3, Sage HR, Sage People, Sage Earth, Sage Ai, Payments and Banking, and Sage Network. The Sage Accounting product is designed to enable small businesses operating in any industry, as well as accountants and bookkeepers, to manage their customer data, accounts and people all in one cloud native solution. The Sage Intacct product helps organizations thrive in the digital world with cloud native solutions across accounting, planning, analytics and payroll. The Sage X3 product provides tailored business management solutions for product-centric organizations.