The Sage Group plc 17.1% Potential Decrease Indicated by Barclays Capital

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 ‘UNDERWEIGHT’ this morning by analysts at Barclays Capital. The Sage Group plc are listed in the Technology sector within UK Main Market. Barclays Capital have set their target price at 620 GBX on its stock. This is indicating the analyst believes there is a potential downside of -17.1% from the opening price of 747.6 GBX. Over the last 30 and 90 trading days the company share price has increased 26 points and increased 48.4 points respectively. The 1 year high stock price is 826 GBX while the 52 week low for the stock is 590.4 GBX.

The Sage Group plc has a 50 day moving average of 743.01 GBX and a 200 day moving average of 736.88. There are currently 114,141,109 shares in issue with the average daily volume traded being 2,734,670. Market capitalisation for LON:SGE is £8,104,751,502 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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