JPMorgan Chase & Co. cuts its price target on The Sage Group (LON:SGE) to GBX 685.


According to Bloomberg, research analysts at JPMorgan Chase & Co. cut their price target for The Sage Group (LON:SGE) in a study released Friday from GBX 700 ($8.46) to GBX 685 ($8.28). ). This decision was made in response to the findings of the study. The company assigned a rating of “neutral” to the shares in its evaluation process. JPMorgan Chase & Co. analysts have set a price target for the stock that is 1.75% lower than the stock’s most recent closing price.

EMS has served as the primary area of ​​investigation in various additional scientific studies. Barclays reaffirmed an “equal weight” rating on The Sage Group shares and assigned a target price of “8.70” for the company’s shares in a research note published on Thursday October 6. Barclays has also assigned a target price of “8.70” for shares in the company. . Shore Capital reaffirmed its “buy” recommendation on shares of The Sage Group in a research report released Tuesday, August 16. Shore Capital released the report. In a research note published Wednesday, August 3, Citigroup reaffirmed its “buy” rating on shares of The Sage Group. They also set a price target of 800 GBX ($9.67) on the company’s stock at press time. In a research note published on Wednesday August 3, The Sage Group reaffirmed a “buy” rating on shares of The Sage Group in a research note published on August 3, and set a price target of 590 GBX ($7.13) on these shares. A total of eight ratings have been assigned to the stock by research analysts, including four Buy recommendations, four Hold ratings and four Neutral ratings. According to data from Bloomberg, the current market rating for The Sage Group is ‘Moderate Buy’ and the current price target for the company is 712.50 GBX ($8.61).
The price of a share of SGE fell 10 GBX, or $0.12, in Friday’s midday session, hitting a new low of 697.20 GBX, equivalent to $8.42 . There were 3,080,001 shares of the company traded, which is significantly higher than the typical stock volume of the company, which is 2,425,113 shares. The stock is currently trading at GBX 714.92, which puts it above the 50-day and 200-day simple moving averages, each at 692.86, respectively. The debt ratio is 96.76, the current ratio is 0.78 and the quick ratio is 0.78. The debt ratio is the highest of the three ratios. The company’s price-to-earnings ratio is 2.5490 and its market value is £7.10 billion. Over the previous year, The Sage Group’s price had ranged from a low of 587.20 GBX ($7.10) to a high of 862.20 GBX ($10.42), with an average price from 587.20 GBX ($7.10).
Small and medium-sized enterprises (SMEs) are present all over the world, especially in Northern Europe, North America and other regions. Sage Group plc and its affiliates can provide technical solutions and services to these types of businesses worldwide. Sage’s cloud-native solutions include Sage Intacct, a cloud-based accounting software product and financial management solution; Sage People, a cloud-based human resources and people management solution; Sage Accounting, a tool for small businesses, bookkeepers and bookkeepers to remotely manage customer data, accounts and people; Sage Payroll, a cloud-based payroll solution; and Sage HR, a human resource management solution. Sage also offers Sage Payroll, a cloud-based payroll solution, and Sage HR, an HR management solution. Additionally, Sage provides a payroll management solution called Sage HR and a cloud-based payroll solution called Sage Payroll.


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