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.
Read moreExane 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
Read moreFriday broker round-up
27th Jan 2017 14:09
(ShareCast News) - Diageo: Berenberg reiterates buy with a target price of 2430p. Royal Dutch Shell A: HSBC reiterates buy, 2600p target. Vodafone: Deutsche Bank reiterates buy with a 285p target. Anglo American: UBS reiterates neutral with a 1250p target. Easyjet: Deutsche Bank reiterates hold w
Read moreSage Q1 in line, exploring possible sale of US payments business
26th Jan 2017 07:41
(ShareCast News) - FTSE 100 software company Sage said trading in the first quarter has been in line with its expectations and it is confident of achieving guidance of at least 6% organic revenue growth for the year, as it announced the possible sale of its US payments business. In the three months
Read moreSage Group beats forecasts in first year of new growth strategy
30th Nov 2016 07:23
(ShareCast News) - Accounting software company Sage Group's annual revenues and earnings were slightly higher than forecast as it implemented the first phase of its growth strategy. In June 2015 the company outlined a plan to gain new customers, retain existing customers and "revolutionise business"
Read morePersonal Group inks three-year contract with Sage (UK) Ltd
21st Nov 2016 11:47
(ShareCast News) - Personal Group Holdings said it has signed a three-year agreement with Sage (UK) Ltd to launch Sage Employee Benefits, a new employee-engagement product designed for the SME market. This follows an announcement made by Personal Group on 19 April. Sage (UK) is a subsidiary of Sage
Read moreFriday broker round-up
18th Nov 2016 18:17
(ShareCast News) - Tesco: HSBC reiterates buy with a target price of 260p. Sage: Goldman Sachs reiterates buy with a 870p target. Aggreko: Barclays stays at overweight with a 1000p target. Prudential: Barclays reiterates overweight with a 1748p target. IQE: Canaccord keeps at buy with a 51p targe
Read moreWednesday newspaper share tips: Wolseley, Circassia, Sage
28th Sep 2016 19:43
(ShareCast News) - Growth in the US market will continue to power Wolseley's performance, but with the benefit of the pound's fall on profits now behind it and faced with low demand from its UK and Nordic operations the shares look high enough at 14 times' earnings, The Times's Tempus said. In the f
Read moreFTSE 100 movers: house builders, miners sag as easyJet firms
19th Aug 2016 14:32
(ShareCast News) - London's FTSE 100 tiptoed lower as a string of house builders sagged amid lingering concerns about the UK real estate market, and several miners slumped alongside metals prices. House builders were led lower by Persimmon, Taylor Wimpey and Barratt Developments, investors exiting t
Read moreTuesday newspaper share tips: Bovis Homes, Sage
16th Aug 2016 11:13
(ShareCast News) - Bovis Homes should hold the course on its current strategy but management will have to be patient given investors' caution and shareholders should avoid the stock, The Times's Tempus said. Unlike some of its rivals, the homebuilder, which is focused on the southeast, is intent
Read moreSage hit by data breach
15th Aug 2016 08:42
(ShareCast News) - Sage was in the red on Monday after the software company said an internal login had been used to gain access to some of its British customers' data. The firm has informed the City of London police of the breach. In a statement on its website, Sage said: "We believe there has been
Read moreBroker tips: GSK, Sage, Burberry
14th Jul 2016 10:39
(ShareCast News) - Shares in GlaxoSmithKline rose on Thursday as Jefferies upgraded the stock to 'buy' from 'hold' and lifted the target price to 2,000p from 1,650p. "We have upgraded GSK to 'buy' from 'hold' with a target price of 2,000p as we believe that the improving yield quality will continue
Read moreDeutsche Bank initiates coverage of Sage at 'buy'
14th Jul 2016 10:16
(ShareCast News) - Deutsche Bank initiated coverage of software company Sage at 'buy' with a 760p price target. DB said Sage's revenue growth has accelerated as it migrates its large installed base from a traditional licensing model to subscriptions, reducing churn and increasing average customer ru
Read moreTuesday broker round-up
7th Jun 2016 16:27
(ShareCast News) - Countrywide: Jefferies reiterates buy with a target price of 600p. Coca-Cola Hbc: Credit Suisse keeps at neutral with a 1500p target. Weir Group: Canaccord upgrades to hold with a target price of 1200p. Johnson Matthey: Berenberg Bank keeps at neutral with a target of 2880p. Sa
Read moreMonday broker round-up
9th May 2016 15:26
(ShareCast News) - Easyjet: RBC upgrades to outperform with a 1500p target. Restaurant Group: UBS downgrades to neutral with a 305p target. Burberry: Barclays keeps at equal-weight with a 305p target. Smith & Nephew: Berenberg reiterates buy with a target of 1300p and Barclays stays at overweight
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