The Sage Group plc 8.6% Potential Decrease Indicated by Goldman Sachs

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 ‘NEUTRAL’ this morning by analysts at Goldman Sachs. The Sage Group plc are listed in the Technology sector within UK Main Market. Goldman Sachs have set their target price at 670 GBX on its stock. This would indicate that the analyst believes there is a downside of -8.6% from today’s opening price of 733 GBX. Over the last 30 and 90 trading days the company share price has increased 37.4 points and increased 32.2 points respectively. The 1 year high for the stock price is 826 GBX while the 52 week low is 491.3 GBX.

The Sage Group plc has a 50 day moving average of 699.96 GBX and a 200 day moving average of 721.94. There are currently 1,088,937,244 shares in issue with the average daily volume traded being 2,054,717. Market capitalisation for LON:SGE is £8,012,400,108 GBP.

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