The Sage Group plc 15.3% 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 620 GBX on its stock. This now indicates the analyst believes there is a potential downside of -15.3% from today’s opening price of 732 GBX. Over the last 30 and 90 trading days the company share price has increased 54 points and increased 29 points respectively. The 52 week high for the stock is 826 GBX while the 52 week low is 491.3 GBX.

The Sage Group plc has a 50 day moving average of 696.66 GBX and a 200 day moving average of 718.70. There are currently 1,088,937,244 shares in issue with the average daily volume traded being 2,172,803. Market capitalisation for LON:SGE is £7,892,617,011 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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