The Sage Group plc 22.4% Potential Decrease Indicated by Barclays Capital

Broker Ratings

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’ today by analysts at Barclays Capital. The Sage Group plc are listed in the Technology sector within UK Main Market. Barclays Capital have set a target price of 550 GBX on its stock. This indicates the analyst believes there is a potential downside of -22.4% from the opening price of 708.8 GBX. Over the last 30 and 90 trading days the company share price has increased 32 points and increased 106.8 points respectively. The 1 year high share price is 716.8 GBX while the year low share price is currently 491.3 GBX.

The Sage Group plc has a 50 day moving average of 677.58 GBX and a 200 Day Moving Average share price is recorded at 622.40. There are currently 1,086,334,415 shares in issue with the average daily volume traded being 2,495,941. Market capitalisation for LON:SGE is £7,645,621,480 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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