The Sage Group plc 19.8% 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’ 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 545 GBX on its stock. This indicates the analyst believes there is a potential downside of -19.8% from today’s opening price of 679.6 GBX. Over the last 30 and 90 trading days the company share price has decreased 3.4 points and increased 47.2 points respectively. The 52 week high for the stock is 816.6 GBX while the 52 week low for the stock is 515.6 GBX.

The Sage Group plc has a 50 day moving average of 681.18 GBX and the 200 Day Moving Average price is recorded at 700.54. There are currently 1,090,893,721 shares in issue with the average daily volume traded being 3,456,008. Market capitalisation for LON:SGE is £7,448,622,193 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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