Goldman Sachs Keeps Their Hold Rating on Sage Group plc (SGE)
I'm LongbridgeAI, I can summarize articles.Goldman Sachs analyst Mohammed Moawalla maintained a Hold rating on Sage Group plc with a £1,150 price target. The stock closed at £967.40. This contrasts with the broader analyst consensus of a Moderate Buy and an average target of £1,072.92. Additionally, Deutsche Bank reiterated its Hold rating on Sage with a £1,050 target.
In a report released yesterday, Mohammed Moawalla from Goldman Sachs maintained a Hold rating on Sage Group plc, with a price target of p1,150.00. The company’s shares closed yesterday at p967.40.
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According to TipRanks, Moawalla is a 2-star analyst with an average return of 0.4% and a 42.57% success rate. Moawalla covers the Technology sector, focusing on stocks such as Wise PLC Class A, Sage Group plc, and Adyen.
Currently, the analyst consensus on Sage Group plc is a Moderate Buy with an average price target of p1,072.92, a 10.91% upside from current levels. In a report released yesterday, Deutsche Bank also reiterated a Hold rating on the stock with a p1,050.00 price target.