Canaccord lowers target price on Sage
23rd Nov 2020 13:06
(Sharecast News) - Analysts at Canaccord Genuity lowered their target price on software group Sage from 790.0p to 700.0p on Monday despite the group's full-year results coming in ahead of expectations.
Read moreSage lifts dividend as recurring revenue rises 8.5%
20th Nov 2020 07:02
(Sharecast News) - Accounting software firm Sage lifted its dividend as it reported a 8.5% rise in organic recurring revenue to £1.6bn, driven by growth from existing and new customers, in North America and Northern Europe.
Read moreFriday preview: UK retail sales, Sage in the spotlight
19th Nov 2020 11:11
(Sharecast News) - The focus in financial markets at the end of the week will be on the latest retail sales and public sector borrowing figures scheduled for release in the UK.
Read moreFriday broker round-up
13th Nov 2020 13:50
(Sharecast News) - HSS Hire Group: Liberum upgrades to hold with a target price of 20p.
Read moreWednesday broker round-up
23rd Sep 2020 13:25
(Sharecast News) - Diploma: JP Morgan upgrades to overweight with a target price of 1,960.0p.
Read moreSage chairman to retire in September 2021
27th Aug 2020 08:48
(Sharecast News) - Software firm Sage revealed on Thursday that long-time chairman Donald Brydon had informed the board of his intention to retire.
Read moreSage's recurring revenues grow amid Covid-19
23rd Jul 2020 08:22
(Sharecast News) - Software group Sage saw recurring revenues grow in the nine months ended 30 June as the firm continued to focus on migrating existing customers and attract new clients to its business cloud product.
Read moreThursday preview: Tesla, Sage in the spotlight
22nd Jul 2020 15:51
(Sharecast News) - Financial markets' focus on Thursday will be on the corporate updates out of US heavyweights Microsoft and Tesla, after the market close in New York.
Read moreSage names Cath Keers as CMO
30th Jun 2020 08:30
(Sharecast News) - Newcastle-based software company Sage appointed Cath Keers as chief marketing officer on Tuesday.
Read moreSage H1 profit grows but Covid starting to dent customer acquisition
13th May 2020 07:41
(Sharecast News) - Accounting software company Sage reported a jump in half-year profit on Wednesday thanks to strong growth in software subscription revenue, but said business began to be impacted by the coronavirus outbreak towards the end of March.
Read moreMonday broker round-up
11th May 2020 13:48
(Sharecast News) - Diploma: Peel Hunt downgrades to hold with a target price of 1,650p.
Read moreMonday broker round-up
27th Apr 2020 13:54
(Sharecast News) - South32: Jefferies downgrades to underperform with a target price of 80p.
Read moreSage scraps £250m buyback as Covid-19 hits revenue
6th Apr 2020 07:02
(Sharecast News) - Sage Group scrapped its £250m share buyback as the accounting software company predicted the Covid-19 crisis would hit revenue growth in the second half of the financial year.
Read moreCannacord Genuity stays at 'buy' on Sage, highlights defensive qualities
18th Mar 2020 14:42
(Sharecast News) - Analysts at Canaccord Genuity stuck to their 'buy' recommendation for shares of enterprise software maker Sage, telling clients they didn't need to be as worried about its sales as with other companies, because approximately 90% of those were recurring.
Read moreSage suspends share buyback programme amid Covid-19
18th Mar 2020 13:54
(Sharecast News) - Software company Sage has decided to suspended its share buyback programme to preserve "a high level of liquidity" in light of the Covid-19 pandemic.
Read more