Deutsche Bank downgrades Sage, sees slowdown in recurring revenue growth
7th Jun 2019 10:16
(Sharecast News) - Deutsche Bank downgraded its stance on shares of software group Sage to 'sell' from 'hold' on Friday as it pointed to a slowdown in recurring revenue growth.
Read moreSage backs FY guidance as first-half adjusted operating profit dips
17th May 2019 07:20
(Sharecast News) - Accounting software company Sage posted a drop in first-half adjusted operating profit on Friday, as it said revenue growth for 2019 is expected to be at the top end or slightly above its guidance range.
Read moreSage reiterates FY guidance as first quarter revenue up 76%
17th Jan 2019 07:10
(Sharecast News) - Technology group Sage reiterated full year guidance as it said first quarter organic revenue increased by 7.6% to £465m.
Read moreSage to sell US payroll outsourcing business for £78m
15th Jan 2019 15:24
(Sharecast News) - FTSE 250 software company Sage has agreed to sell its US-based payroll outsourcing business, Sage Payroll Solutions,(SPR) to iSolved for around £78m.
Read moreUBS downgrades Sage as risk-reward unfavourable
11th Jan 2019 15:33
(Sharecast News) - UBS downgraded software group Sage to 'sell' from 'neutral' on Friday, cutting the price target to 520p from 590p as it said the risk-reward was unfavourable and strategic questions remain.
Read moreJonathan Howell to head up finance at the Sage Group
4th Dec 2018 07:16
(Sharecast News) - Sage announced the appointment of Jonathan Howell to the role of chief financial officer on Tuesday, with effect from 10 December.
Read moreGoldman 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.
Read moreThursday 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.
Read moreSage 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.
Read moreSage 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.
Read moreTuesday broker round-up
30th Oct 2018 13:15
(Sharecast News) - Inmarsat: Numis upgrades to hold with a target price of 430p.
Read moreWednesday broker round-up
10th Oct 2018 12:47
(Sharecast News) - RWS Holdings: Numis downgrades to add with a target price of 510p.
Read moreDeutsche 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.
Read moreBarclays 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.
Read moreWednesday 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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