The Sage Group plc 13.3% Potential Decrease Indicated by Credit Suisse

Broker Ratings

The Sage Group plc using EPIC/TICKER code (LON:SGE) has had its stock rating noted as ‘Retains’ with the recommendation being set at ‘UNDERPERFORM’ today by analysts at Credit Suisse. The Sage Group plc are listed in the Technology sector within UK Main Market. Credit Suisse have set their target price at 640 GBX on its stock. This is indicating the analyst believes there is a potential downside of -13.3% from the opening price of 737.8 GBX. Over the last 30 and 90 trading days the company share price has increased 67.6 points and increased 123.4 points respectively. The 1 year high for the share price is 794.6 GBX while the 52 week low for the stock is 515.6 GBX.

The Sage Group plc has a 50 day moving average of 688.25 GBX and a 200 Day Moving Average share price is recorded at 701.21. There are currently 1,090,893,721 shares in issue with the average daily volume traded being 3,843,337. Market capitalisation for LON:SGE is £7,898,070,540 GBP.

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