Recent changes in research analyst ratings for The Sage Group (SGPYY)

The Sage Group (OTCMKTS: SGPYY) recently received a number of price target changes and rating updates:
- 05/27/2022 – Sage Group has had its price target lowered by analysts at Credit Suisse Group AG from GBX 838 ($10.54) to GBX 733 ($9.22).
- 05/26/2022 – Sage Group has had its price target lowered by UBS Group AG analysts from GBX 835 ($10.51) to GBX 720 ($9.06).
- 05/18/2022 – Sage Group has been updated by analysts at Zacks Investment Research from a “sell” rating to a “hold” rating. According to Zacks, “The Sage Group plc provides business management software, services and support to small and medium-sized businesses. The Company’s products include accounting, payroll, customer relationship management, financial forecasting, payment processing, costing, human resources, business intelligence, tax and other products. for accountants, business stationery, development platforms, e-commerce and enterprise resource planning. Sage Group products find application in healthcare, human resources and payroll, construction/real estate, transportation/distribution, payment processing, accounting, manufacturing, retail retail and automotive distribution. The products offered by the Company are primarily developed and supported locally. The Sage Group plc is headquartered in Newcastle upon Tyne, UK. “
- 05/16/2022 – Sage Group has had its price target lowered by JPMorgan Chase & Co. analysts from GBX 735 ($9.25) to GBX 700 ($8.81).
- 04/05/2022 – Sage Group has been downgraded by analysts to Zacks Investment Research from a “hold” rating to a “sell” rating. According to Zacks, “The Sage Group plc provides business management software, services and support to small and medium-sized businesses. The Company’s products include accounting, payroll, customer relationship management, financial forecasting, payment processing, costing, human resources, business intelligence, tax and other products. for accountants, business stationery, development platforms, e-commerce and enterprise resource planning. Sage Group products find application in healthcare, human resources and payroll, construction/real estate, transportation/distribution, payment processing, accounting, manufacturing, retail retail and automotive distribution. The products offered by the Company are primarily developed and supported locally. The Sage Group plc is headquartered in Newcastle upon Tyne, UK. “
- 04/28/2022 – Sage Group has been updated by analysts at Zacks Investment Research from a “sell” rating to a “hold” rating. According to Zacks, “The Sage Group plc provides business management software, services and support to small and medium-sized businesses. The Company’s products include accounting, payroll, customer relationship management, financial forecasting, payment processing, costing, human resources, business intelligence, tax and other products. for accountants, business stationery, development platforms, e-commerce and enterprise resource planning. Sage Group products find application in healthcare, human resources and payroll, construction/real estate, transportation/distribution, payment processing, accounting, manufacturing, retail retail and automotive distribution. The products offered by the Company are primarily developed and supported locally. The Sage Group plc is headquartered in Newcastle upon Tyne, UK. “
- 04/20/2022 – Sage Group has been downgraded by analysts to Zacks Investment Research from a “hold” rating to a “sell” rating. According to Zacks, “The Sage Group plc provides business management software, services and support to small and medium-sized businesses. The Company’s products include accounting, payroll, customer relationship management, financial forecasting, payment processing, costing, human resources, business intelligence, tax and other products. for accountants, business stationery, development platforms, e-commerce and enterprise resource planning. Sage Group products find application in healthcare, human resources and payroll, construction/real estate, transportation/distribution, payment processing, accounting, manufacturing, retail retail and automotive distribution. The products offered by the Company are primarily developed and supported locally. The Sage Group plc is headquartered in Newcastle upon Tyne, UK. “
- 04/13/2022 – Sage Group has had its price target raised by Barclays PLC analysts from GBX 720 ($9.06) to GBX 730 ($9.19).
- 04/12/2022 – Sage Group has been updated by analysts at Zacks Investment Research from a “sell” rating to a “hold” rating. According to Zacks, “The Sage Group plc provides business management software, services and support to small and medium-sized businesses. The Company’s products include accounting, payroll, customer relationship management, financial forecasting, payment processing, costing, human resources, business intelligence, tax and other products. for accountants, business stationery, development platforms, e-commerce and enterprise resource planning. Sage Group products find application in healthcare, human resources and payroll, construction/real estate, transportation/distribution, payment processing, accounting, manufacturing, retail retail and automotive distribution. The products offered by the Company are primarily developed and supported locally. The Sage Group plc is headquartered in Newcastle upon Tyne, UK. “
- 03/31/2022 – Sage Group is now covered by Credit Suisse Group AG analysts. They set an “outperformance” rating on the stock.
- 03/31/2022 – Sage Group has been updated by analysts at Zacks Investment Research from a “sell” rating to a “hold” rating. According to Zacks, “The Sage Group plc provides business management software, services and support to small and medium-sized businesses. The Company’s products include accounting, payroll, customer relationship management, financial forecasting, payment processing, costing, human resources, business intelligence, tax and other products. for accountants, business stationery, development platforms, e-commerce and enterprise resource planning. Sage Group products find application in healthcare, human resources and payroll, construction/real estate, transportation/distribution, payment processing, accounting, manufacturing, retail retail and automotive distribution. The products offered by the Company are primarily developed and supported locally. The Sage Group plc is headquartered in Newcastle upon Tyne, UK. “
OTCMKTS: SGPYY traded at $0.49 during Friday trading hours, reaching $33.97. The stock recorded a trading volume of 15,421 shares, compared to an average volume of 25,039. The company has a debt ratio of 0.67, a quick ratio of 0.67 and a current ratio of 0.67. . The stock has a 50-day simple moving average of $36.06 and a 200-day simple moving average of $39.29. The Sage Group plc has a 12-month low of $31.88 and a 12-month high of $47.89.
The company also recently declared a dividend, which will be paid on Friday, July 1. Shareholders of record on Friday, May 27 will receive a dividend of $0.2625. This represents a dividend yield of 2.54%. The ex-dividend date is Thursday, May 26.
The Sage Group plc, together with its subsidiaries, provides technology solutions and services to small and medium-sized businesses in North America, Northern Europe and internationally. It offers cloud-native solutions, such as Sage Intacct, cloud accounting software and financial management solutions; Sage People, a cloud-based human resources and people management solution; Sage Accounting, a solution 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.
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