The Sage Group (OTCMKTS:SGPYY) Price Target Raised to GBX 775 at Barclays

The Sage Group (OTCMKTS:SGPYYGet Rating) had its target price raised by Barclays from GBX 720 ($8.51) to GBX 775 ($9.16) in a research report report published on Monday morning, The Fly reports.

Several other equities analysts have also recently weighed in on SGPYY. Societe Generale raised their target price on shares of The Sage Group from GBX 649 ($7.67) to GBX 683 ($8.08) in a research note on Thursday, November 17th. Jefferies Financial Group lifted their price objective on shares of The Sage Group from GBX 780 ($9.22) to GBX 950 ($11.23) in a research report on Wednesday, November 16th. Finally, JPMorgan Chase & Co. lifted their price objective on shares of The Sage Group from GBX 685 ($8.10) to GBX 725 ($8.57) in a research report on Thursday, November 17th. Three investment analysts have rated the stock with a hold rating and three have assigned a buy rating to the company. Based on data from MarketBeat.com, the stock presently has an average rating of Moderate Buy and a consensus price target of $751.38.

The Sage Group Trading Up 2.5 %

OTCMKTS SGPYY opened at $39.50 on Monday. The Sage Group has a 12-month low of $28.42 and a 12-month high of $47.89. The firm’s 50 day moving average is $33.39 and its 200-day moving average is $33.20.

About The Sage Group

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The Sage Group plc, together with its subsidiaries, provides technology solutions and services for small and medium businesses in North America, Northern Europe, and internationally. It offers cloud native solutions, such as Sage Intacct, a cloud accounting software products and financial management solutions; Sage People, a cloud HR and people management solution; Sage Accounting, a solution for small businesses, accountants, and bookkeepers to remotely manage customer data, accounts, and people; Sage Payroll, a cloud-based payroll solution; and Sage HR, a HR management solution.

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