The Sage Group (OTCMKTS:SGPYY) Stock Rating Upgraded by Deutsche Bank Aktiengesellschaft

The Sage Group (OTCMKTS:SGPYYGet Rating) was upgraded by Deutsche Bank Aktiengesellschaft from a “sell” rating to a “hold” rating in a research report issued on Wednesday, The Fly reports.

Other equities research analysts have also issued reports about the company. Jefferies Financial Group lifted their price target on The Sage Group from GBX 780 ($9.22) to GBX 950 ($11.23) in a research report on Wednesday, November 16th. JPMorgan Chase & Co. lifted their price target on The Sage Group from GBX 685 ($8.10) to GBX 725 ($8.57) in a research report on Thursday, November 17th. Barclays lifted their price target on The Sage Group from GBX 720 ($8.51) to GBX 775 ($9.16) in a research report on Monday. Finally, Societe Generale lifted their price target on The Sage Group from GBX 649 ($7.67) to GBX 683 ($8.08) in a research report on Thursday, November 17th. Three equities research analysts have rated the stock with a hold rating and three have given a buy rating to the company. According to data from MarketBeat.com, the company has an average rating of “Moderate Buy” and a consensus target price of $751.38.

The Sage Group Stock Performance

OTCMKTS SGPYY opened at $39.50 on Wednesday. The Sage Group has a twelve month low of $28.42 and a twelve month high of $47.89. The stock’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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Analyst Recommendations for The Sage Group (OTCMKTS:SGPYY)

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