The Sage Group plc 10% Potential Decrease Indicated by Deutsche Bank

Broker Ratings
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The Sage Group plc using EPIC/TICKER code (LON:SGE) had its stock rating noted as ‘Reiterates’ with the recommendation being set at ‘SELL’ today by analysts at Deutsche Bank. The Sage Group plc are listed in the Technology sector within UK Main Market. Deutsche Bank have set their target price at 580 GBX on its stock. This would indicate that the analyst believes there is a downside of -10.0% from today’s opening price of 644.6 GBX. Over the last 30 and 90 trading days the company share price has increased 20 points and decreased 135.6 points respectively. The 52 week high share price is 826 GBX while the 52 week low for the share price is 515.6 GBX.

The Sage Group plc has a 50 day moving average of 626.76 GBX and a 200 Day Moving Average share price is recorded at 704.48. There are currently 272,210,381 shares in issue with the average daily volume traded being 3,761,971. Market capitalisation for LON:SGE is £6,940,480,285 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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