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The Sage Group plc 6.4% Potential Decrease Indicated by Goldman Sachs

The Sage Group plc using EPIC/TICKER code (LON:SGE) has had its stock rating noted as ‘Reiterates’ with the recommendation being set at ‘NEUTRAL’ this morning by analysts at Goldman Sachs. The Sage Group plc are listed in the Technology sector within UK Main Market. Goldman Sachs have set their target price at 710 GBX on its stock. This now indicates the analyst believes there is a potential downside of -6.4% from today’s opening price of 758.8 GBX. Over the last 30 and 90 trading days the company share price has increased 2 points and increased 49.2 points respectively. The 52 week high for the share price is currently at 826 GBX while the year low stock price is currently 622.6 GBX.

The Sage Group plc has a 50 day moving average of 746.88 GBX and a 200 day moving average of 738.94. There are currently 1,091,108,190 shares in issue with the average daily volume traded being 2,754,551. Market capitalisation for LON:SGE is £8,380,065,189 GBP.

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