SAGE GRP PLC/GDR (SGPYY) Hits New 52-Week High at $39.13

SAGE GRP PLC/GDR (OTCMKTS:SGPYY) shares hit a new 52-week high on Tuesday . The stock traded as high as $39.13 and last traded at $39.13, with a volume of 1008 shares trading hands. The stock had previously closed at $38.25.

Several brokerages have weighed in on SGPYY. Zacks Investment Research upgraded SAGE GRP PLC/GDR from a “hold” rating to a “buy” rating and set a $42.00 price target for the company in a report on Wednesday, April 17th. Citigroup downgraded SAGE GRP PLC/GDR from a “buy” rating to a “neutral” rating in a report on Thursday, April 4th. One investment analyst has rated the stock with a sell rating, three have issued a hold rating and one has issued a buy rating to the stock. The stock presently has a consensus rating of “Hold” and a consensus price target of $42.00.

The firm has a market cap of $10.54 billion, a price-to-earnings ratio of 26.00 and a beta of 0.91.

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SAGE GRP PLC/GDR Company Profile (OTCMKTS:SGPYY)

The Sage Group plc, together with its subsidiaries, provides technology solutions and services. It offers Sage business cloud accounting solution; Sage business cloud financials, a solution that provides real-time source of information; Sage business cloud people, a cloud HR and people system; Sage business cloud enterprise management, a solution for managing the business; and Sage Intacct, a solution for CFOs to access integrated management and financial reports across the business entities.

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