The Sage Group plc 13% Potential Decrease Indicated by UBS

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 UBS. The Sage Group plc are listed in the Technology sector within UK Main Market. UBS have set a target price of 625 GBX on its stock. This indicates the analyst believes there is a potential downside of -13.0% from today’s opening price of 718.4 GBX. Over the last 30 and 90 trading days the company share price has decreased 81.2 points and decreased 4 points respectively. The 1 year high share price is 826 GBX while the year low stock price is currently 491.3 GBX.

The Sage Group plc has a 50 day moving average of 787.84 GBX and a 200 day moving average of 678.14. There are currently 1,086,614,833 shares in issue with the average daily volume traded being 2,668,784. Market capitalisation for LON:SGE is £7,956,193,939 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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