The Sage Group plc 13.8% Potential Decrease Indicated by UBS

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 ‘SELL’ this morning by analysts at UBS. The Sage Group plc are listed in the Technology sector within UK Main Market. UBS have set a target price of 555 GBX on its stock. This would indicate that the analyst believes there is a downside of -13.8% from the opening price of 643.8 GBX. Over the last 30 and 90 trading days the company share price has increased 7.2 points and decreased 133.2 points respectively. The 1 year high for the share price is 826 GBX while the 52 week low is 515.6 GBX.

The Sage Group plc has a 50 day moving average of 622.12 GBX and a 200 Day Moving Average share price is recorded at 703.12. There are currently 1,090,584,541 shares in issue with the average daily volume traded being 4,001,031. Market capitalisation for LON:SGE is £7,108,429,905 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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