Sage 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.

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Director 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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Sage hails strong start to the year

19th Jan 2023 07:02

(Sharecast News) - Sage Group reiterated full-year guidance on Thursday, after the technology firm said it had seen a strong start to the year.

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UBS downgrades Sage to 'sell'

20th Dec 2022 15:47

(Sharecast News) - UBS downgraded software firm Sage to 'sell' from 'neutral' on Tuesday and cut the price target to 720p from 745p as it argued that margin pressures were set to persist.

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Deutsche Bank upgrades Sage to 'hold'

23rd Nov 2022 10:02

(Sharecast News) - Detusche Bank upgraded Sage on Wednesday to 'hold' from 'sell' and hiked the price target to 800p from 590p as it said the software firm was turning a corner but areas of uncertainty remain.

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Canaccord raised target for Sage on 'pretty good' visibility

17th Nov 2022 09:00

(Sharecast News) - Analysts at Canaccord Genuity revised their target price for shares of accounting software designer Sage after the company guided towards an acceleration in recurring revenues to over 9% for the current year.

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Sage makes 'significant strategic progress' as revenue rises

16th Nov 2022 07:16

(Sharecast News) - Sage described "significant strategic progress" in its full-year results on Wednesday, as revenue rose 5% to £1.95bn, and organic total revenue advanced 6% to £1.92bn.

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Canaccord Genuity upgrades Sage to 'buy'

4th Aug 2022 10:01

(Sharecast News) - Analysts at Canaccord Genuity upgraded software firm Sage from 'hold' to 'buy' on Thursday, stating the group was "more resilient than you think".

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Sage FY revenues seen at top end of guidance

2nd Aug 2022 07:14

(Sharecast News) - Software group Sage said on Tuesday that it had "performed strongly" in the first nine months of the year, with momentum continuing to build and full-year revenues seen at the top end of its guidance range.

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Sage reports flat H1 profits, sees margin rise

13th May 2022 07:48

(Sharecast News) - Company software provider Sage Group reported flat interim profits and revenue as organic growth in all regions was offset by disposals and foreign exchange headwinds.

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Sage group revenues improve in Q1 as recurring revenues grow £31m

26th Jan 2022 07:15

(Sharecast News) - Software firm Sage said on Wednesday that total revenues had grown in the three months ended 31 December thanks to a £31.0m jump in recurring revenues.

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Sage to buy Brightpearl in £225m deal

20th Dec 2021 09:15

(Sharecast News) - Software firm Sage Group has agreed to buy multichannel retail management system Brightpearl for $299 (225m).

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Sage Group profits fall as margins are squeezed

17th Nov 2021 08:07

(Sharecast News) - Software company Sage Group said annual operating profits fell 10% as margins were squeezed.

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Sage turns in strong third quarter performance

29th Jul 2021 08:21

(Sharecast News) - Software company Sage said on Thursday that it had performed "strongly" in the first nine months of the year, as momentum continued to strengthen.

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Wednesday broker round-up

14th Jul 2021 13:23

(Sharecast News) - Carnival: Berenberg upgrades to hold with a target price of 1,400p.

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