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Sage Group plc ( (GB:SGE) ) has shared an announcement.
Sage Group plc announced the repurchase of 241,132 of its ordinary shares as part of a buyback program initiated in May 2025. The shares were bought at prices ranging from 1,255.50 to 1,261.50 pence per share, with the intention to cancel them, potentially enhancing shareholder value by reducing the number of shares outstanding.
The most recent analyst rating on (GB:SGE) stock is a Buy with a £15.00 price target. To see the full list of analyst forecasts on Sage Group plc stock, see the GB:SGE Stock Forecast page.
Spark’s Take on GB:SGE Stock
According to Spark, TipRanks’ AI Analyst, GB:SGE is a Outperform.
Sage Group plc exhibits strong financial performance and positive corporate actions such as share buybacks. The earnings call supports a positive outlook with strategic growth in cloud and AI solutions. While the technical analysis is encouraging, the high P/E ratio suggests caution regarding valuation.
To see Spark’s full report on GB:SGE stock, click here.
More about Sage Group plc
Sage Group plc operates in the software industry, providing enterprise resource planning (ERP) software and services primarily to small and medium-sized businesses. The company focuses on delivering solutions that enhance business management and operational efficiency.
Average Trading Volume: 2,535,372
Technical Sentiment Signal: Strong Buy
Current Market Cap: £12.17B
For a thorough assessment of SGE stock, go to TipRanks’ Stock Analysis page.