Sage Group (OTCMKTS:SGPYY) Upgraded to Strong-Buy at Zacks Research

Sage Group (OTCMKTS:SGPYY) was upgraded by equities researchers at Zacks Research from a “hold” rating to a “strong-buy” rating in a research report issued to clients and investors on Tuesday,Zacks.com reports.

A number of other brokerages have also issued reports on SGPYY. Oddo Bhf initiated coverage on shares of Sage Group in a research report on Thursday, July 10th. They issued an “outperform” rating for the company. Jefferies Financial Group reiterated a “buy” rating on shares of Sage Group in a research report on Wednesday, June 25th. One investment analyst has rated the stock with a Strong Buy rating and two have assigned a Buy rating to the company’s stock. According to data from MarketBeat.com, Sage Group currently has an average rating of “Buy”.

Sage Group Stock Up 1.8%

Shares of OTCMKTS SGPYY opened at $62.99 on Tuesday. Sage Group has a 1-year low of $49.22 and a 1-year high of $69.79. The business’s fifty day moving average price is $59.34 and its two-hundred day moving average price is $63.42.

Sage Group Company Profile

The Sage Group plc, together with its subsidiaries, provides technology solutions and services for small and medium businesses in the United States, the United Kingdom, France, and internationally. It offers cloud native solutions, such as Sage Intacct, a cloud accounting software product and financial management software; Sage People, a HR and people management solution; Sage 200, a finance and business management solution; Sage X3, a business management solution; Sage Accounting, a solution for small businesses, accountants, and bookkeepers to manage customer data, accounts, and people; Sage Payroll for small businesses manage their payroll; and Sage HR for small and mid-sized businesses for record management, leave management, staff scheduling, and expenses services.