The Sage Group plc 13.6% Potential Decrease Indicated by Credit Suisse

Broker Ratings
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The Sage Group plc using EPIC/TICKER code (LON:SGE) has had its stock rating noted as ‘Retains’ with the recommendation being set at ‘UNDERPERFORM’ today by analysts at Credit Suisse. The Sage Group plc are listed in the Technology sector within UK Main Market. Credit Suisse have set a target price of 620 GBX on its stock. This indicates the analyst believes there is a potential downside of -13.6% from the opening price of 718 GBX. Over the last 30 and 90 trading days the company share price has increased 23.6 points and increased 31.4 points respectively. The 1 year high for the share price is 826 GBX while the 52 week low for the stock is 525.2 GBX.

The Sage Group plc has a 50 day moving average of 705.73 GBX and a 200 Day Moving Average share price is recorded at 725.19. There are currently 1,088,937,244 shares in issue with the average daily volume traded being 2,179,925. Market capitalisation for LON:SGE is £7,947,063,873 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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