The Sage Group (SGE)

Sector:

IT Services

Index:

FTSE 100

 1,223.50p
   
  • Change Today:
      0.000p
  • 52 Week High: 1,348.00p
  • 52 Week Low: 969.40p
  • Currency: UK Pounds
  • Shares Issued: 968.61m
  • Volume: 1,656,553
  • Market Cap: £11,851m
  • RiskGrade: 136
  • Beta: 0.00

Barclays downgrades Sage Group to 'underweight'

By Michele Maatouk

Date: Monday 22 Jan 2024

LONDON (ShareCast) - (Sharecast News) - Barclays downgraded Sage Group on Monday to 'underweight' from 'equalweight' and cut the price target to 985p from 1,050p.
The bank said annualised recurring revenue (ARR) growth and the pace of margin expansion peaking, combined with an elevated valuation, "all suggest it's as good as it gets for Sage shares".

"With NCA growth slowing and risks to NRR from the macro backdrop, we see better value elsewhere," Barclays said.

At 1320 GMT, the shares were down 0.5% at 1,146p.

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Note 1: Prices and trades are provided by Digital Look Corporate Solutions and are delayed by at least 15 minutes.

Note 2: RiskGrade figures are provided by RiskMetrics.

 

Sage Market Data

Currency UK Pounds
Share Price 1,223.50p
Change Today 0.000p
% Change 0.00 %
52 Week High 1,348.00p
52 Week Low 969.40p
Volume 1,656,553
Shares Issued 968.61m
Market Cap £11,851m
Beta 0.00
RiskGrade 136

Sage Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value Not Available
Price Trend
34.74% above the market average34.74% above the market average34.74% above the market average34.74% above the market average34.74% above the market average
49.40% above the sector average49.40% above the sector average49.40% above the sector average49.40% above the sector average49.40% above the sector average
Income Not Available
Growth Not Available

What The Brokers Say

Strong Buy 4
Buy 5
Neutral 9
Sell 1
Strong Sell 1
Total 20
buy
Broker recommendations should not be taken as investment advice, and are provided by the authorised brokers listed on this page.

Sage Dividends

  Latest Previous
  Interim Final
Ex-Div 29-May-25 09-Jan-25
Paid 27-Jun-25 11-Feb-25
Amount 7.45p 13.50p

Trades for 11-Jul-2025

Time Volume / Share Price
16:39 15,844 @ 1,223.50p
16:39 1,360 @ 1,223.50p
16:39 713 @ 1,223.50p
16:39 2,469 @ 1,223.50p
16:39 1,117 @ 1,223.50p

Sage Key Personnel

CFO Jonathan Howell
CEO Steve Hare
Chair Andrew Duff

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