Goldman downgrades Sage as risk/reward more balanced

30th Nov 2018 08:40

(Sharecast News) - Sage was under pressure on Friday as Goldman Sachs downgraded its stance on the software company to 'neutral' from 'buy' and cut the price target to 670p from 780p, arguing that the risk/reward is now more balanced following estimate resets and a more realistic revised outlook.

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Thursday broker round-up

22nd Nov 2018 13:37

(Sharecast News) - Royal Mail: RBC Capital Markets upgrades to sector perform with a target price of 500p.

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Sage plans to up investment after hitting tough targets

21st Nov 2018 07:22

(Sharecast News) - A strong fourth quarter enabled Sage to deliver its tough targets for growing annual sales and profits, though the accounting software developer's profit margin will drop in the coming year as it ups investment.

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Sage appoints CFO Hare as new boss to deal with competition threat

2nd Nov 2018 07:46

(Sharecast News) - Sage has appointed finance chief Steve Hare as its new boss after he served two months as the software group's interim leader.

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Tuesday broker round-up

30th Oct 2018 13:15

(Sharecast News) - Inmarsat: Numis upgrades to hold with a target price of 430p.

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Wednesday broker round-up

10th Oct 2018 12:47

(Sharecast News) - RWS Holdings: Numis downgrades to add with a target price of 510p.

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Deutsche Bank ups Sage to 'hold' from 'sell'

10th Oct 2018 08:51

(Sharecast News) - A day after being downgrading by Barclays, software company Sage was lifted to 'hold' from 'sell' at Deutsche Bank, which highlighted the valuation and potential for private equity interest.

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Barclays downgrades Sage amid increasing uncertainty

9th Oct 2018 10:57

(Sharecast News) - Barclays downgraded Sage to 'underweight' from 'equalweight' on Tuesday and cut the price target to 495p from 675p, citing increasing uncertainty, as it took a look at the broader European software and IT services sector.

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Wednesday broker round-up

12th Sep 2018 13:42

(Sharecast News) - Goals Soccer Centres: Peel Hunt upgrades to buy with a target price of 100p.

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Sage tumbles on CEO departure; reiterates guidance

31st Aug 2018 09:27

(Sharecast News) - Sage shares tumbled on Friday after the software company said chief executive officer Stephen Kelly will leave next May and reiterated guidance for the year.

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Sage slumps on Deutsche downgrade to 'sell'

20th Aug 2018 13:26

(Sharecast News) - The competitive situation in Sage's core mid-market franchise appears to be worsening, Deutsche Bank said on Monday as it downgraded the software company to 'sell' from 'hold' and cut the price target to 540p from 630p.

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Monday broker round-up

20th Aug 2018 12:55

(Sharecast News) - Sage: Deutsche Bank downgrades to sell with a target price of 540p.

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Thursday broker round-up

2nd Aug 2018 12:58

(Sharecast News) - SSE: Berenberg reiterates buy with a target price of 1,500p.

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Sage delivers 6.5% organic revenue growth in first 9 months

2nd Aug 2018 07:03

(Sharecast News) - Business software provider Sage said group organic revenue increased by 6.8% in the third quarter, delivering growth of 6.5% in the first nine months of the year.

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Exane upgrades Sage to 'outperform'

10th Feb 2017 09:20

(ShareCast News) - Exane BNP Paribas has upgraded software group Sage to 'outperform' from 'neutral' and lifted price target to 750p from 640p. The bank noted that Sage has de-rated on uninspiring top-line trends, including a slight hiccup in the first quarter of 2017, and perhaps the lower attra

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