The Sage Group plc 23.4% Potential Decrease Indicated by UBS

Broker Ratings
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The Sage Group plc with EPIC/TICKER (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 570 GBX on its stock. This would imply the analyst believes there is a potential downside of -23.4% from the opening price of 744 GBX. Over the last 30 and 90 trading days the company share price has increased 22.2 points and increased 82.8 points respectively. The 1 year high share price is 750.4 GBX while the 52 week low for the stock is 491.3 GBX.

The Sage Group plc has a 50 day moving average of 710.40 GBX and the 200 Day Moving Average price is recorded at 631.81. There are currently 1,086,448,077 shares in issue with the average daily volume traded being 2,467,803. Market capitalisation for LON:SGE is £8,081,000,664 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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