The Sage Group plc 13% Potential Decrease Indicated by Deutsche Bank

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’ 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 650 GBX on its stock. This is indicating the analyst believes there is a potential downside of -13.0% from the opening price of 747.2 GBX. Over the last 30 and 90 trading days the company share price has increased 76.6 points and increased 131.2 points respectively. The 52 week high for the share price is currently at 794.6 GBX while the 52 week low is 515.6 GBX.

The Sage Group plc has a 50 day moving average of 685.94 GBX and a 200 Day Moving Average share price is recorded at 700.94. There are currently 1,090,893,721 shares in issue with the average daily volume traded being 3,795,738. Market capitalisation for LON:SGE is £8,181,702,907 GBP.

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