The Sage Group plc 10.2% Potential Decrease Indicated by Goldman Sachs

Broker Ratings
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The Sage Group plc using EPIC/TICKER code (LON:SGE) has had its stock rating noted as ‘Reiterates’ with the recommendation being set at ‘NEUTRAL’ today by analysts at Goldman Sachs. The Sage Group plc are listed in the Technology sector within UK Main Market. Goldman Sachs have set a target price of 650 GBX on its stock. This indicates the analyst believes there is a potential downside of -10.2% from the opening price of 723.8 GBX. Over the last 30 and 90 trading days the company share price has decreased 7 points and increased 59.2 points respectively. The 1 year high share price is 826 GBX while the 52 week low is 567 GBX.

The Sage Group plc has a 50 day moving average of 720.92 GBX and the 200 Day Moving Average price is recorded at 730.24. There are currently 1,089,038,257 shares in issue with the average daily volume traded being 2,498,594. Market capitalisation for LON:SGE is £7,821,472,894 GBP.

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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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