London close: Stocks maintain gains on fresh UK optimism
22nd Jan 2024 17:30
(Sharecast News) - London markets finished with a positive performance on Monday, following the lead of Wall Street's strong gains towards the end of the previous week.
Read moreBroker tips: Segro, Sage, CMC Markets
22nd Jan 2024 14:32
(Sharecast News) - Citi upgraded Segro on Monday to 'buy' from 'neutral', saying it estimates that as rates decline, the risk to its previous estimates of deep recession rent declines reverses and it now expects growth.
Read moreBarclays downgrades Sage Group to 'underweight'
22nd Jan 2024 07:14
(Sharecast News) - Barclays downgraded Sage Group on Monday to 'underweight' from 'equalweight' and cut the price target to 985p from 1,050p.
Read moreStronger pound takes sheen off solid quarter for Sage
18th Jan 2024 07:57
(Sharecast News) - Accounting and financial software company Sage Group reported a robust financial performance in the December quarter on Thursday, with total revenue rising 10% year-on-year to £573m, although it said a stronger pound was having an impact on its performance.
Read moreSunday share tips: Top picks to consider for 2024
31st Dec 2023 10:21
(Sharecast News) - The Sunday Times and Mail on Sunday have offered their top investment tips for 2024, which includes stocks from a variety of sectors such cruises and market research to metals and real estate.
Read moreLondon close: Stocks mixed on quiet Friday
24th Nov 2023 15:03
(Sharecast News) - Market performance showed a mixed trend in London today, with movements relatively subdued after the Thanksgiving holiday across the pond.
Read moreCanaccord Genuity downgrades Sage to 'sell'
24th Nov 2023 10:33
(Sharecast News) - Analyst at Canaccord Genuity downgraded software and services firm Sage from 'hold' to 'sell' on Friday, stating the recent share price reaction to its "in-line" set of full-year results and guidance had presented a "compelling" opportunity to take profit.
Read moreSage is "ticking all the boxes", says Bank of America
23rd Nov 2023 13:37
(Sharecast News) - Bank of America has lifted its target price for business software group Sage, saying the company is "ticking all the boxes" with its solid top-line growth, margin expansion and a new share buyback.
Read moreLondon close: Stocks mixed as investors digest Autumn Statement
22nd Nov 2023 15:12
(Sharecast News) - London markets closed with a mixed performance on Wednesday, influenced by the Chancellor's Autumn Statement and big moves from the likes of Sage and Kingfisher.
Read moreSage Group reports strong year, launches share buyback
22nd Nov 2023 07:27
(Sharecast News) - Accounting software firm Sage Group reported underlying recurring revenue growth of 12% in its full-year results on Wednesday, reaching £2.096bn, driven by 25% growth in Sage Business Cloud to £1.628bn.
Read moreLondon close: Stocks slip on rising oil price concerns
6th Sep 2023 17:43
(Sharecast News) - London's stock markets closed in negative territory on Wednesday, as a significant rise in oil prices fuelled investor concerns over inflation.
Read moreJP Morgan sees huge potential for Sage Intacct
6th Sep 2023 08:27
(Sharecast News) - JP Morgan has placed Sage on its "positive catalyst watch" ahead of the accounting software group's fourth-quarter results in November, where it expects to see solid growth with its cloud finance offering Intacct.
Read moreSage reiterates FY guidance as nine-month revenues jump
27th Jul 2023 08:30
(Sharecast News) - Software firm Sage Group reiterated its guidance for the year as it reported a jump in revenue for the first nine months of the year.
Read moreSage Group buoyant after strong first half
17th May 2023 10:04
(Sharecast News) - Accounting software specialist Sage Group reported a significant increase in underlying recurring revenue in its first half on Wednesday, driven by robust growth in Sage Business Cloud.
Read moreDirector dealings: Sage Group director makes share purchase
9th Feb 2023 15:09
(Sharecast News) - Sage Group revealed on Thursday that non-executive director Roisin Donnelly had acquired 10,000 ordinary shares in the FTSE 100-listed software group.
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