Canaccord Genuity cut shares of Saga PLC (LON:SAGA) to a hold rating in a research report released on Tuesday morning. The brokerage currently has GBX 225 ($2.94) price objective on the stock.

Other equities analysts have also recently issued research reports about the stock. Peel Hunt reaffirmed a buy rating and issued a GBX 250 ($3.26) price objective on shares of Saga PLC in a research note on Tuesday, June 21st. Goldman Sachs Group Inc. reiterated a buy rating and issued a GBX 245 ($3.20) target price on shares of Saga PLC in a report on Wednesday, June 15th. Beaufort Securities reiterated a buy rating on shares of Saga PLC in a report on Thursday, September 22nd. JPMorgan Chase & Co. reiterated an underweight rating on shares of Saga PLC in a report on Wednesday, June 22nd. Finally, Numis Securities Ltd reiterated an add rating and issued a GBX 235 ($3.07) target price on shares of Saga PLC in a report on Wednesday, September 21st. One investment analyst has rated the stock with a sell rating, three have given a hold rating and three have assigned a buy rating to the company’s stock. The company presently has a consensus rating of Hold and an average target price of GBX 225.83 ($2.95).

Analyst Recommendations for Saga PLC (LON:SAGA)

Shares of Saga PLC (LON:SAGA) traded up 0.89% during trading on Tuesday, hitting GBX 214.59. 1,144,284 shares of the company traded hands. The stock’s market cap is GBX 2.39 billion. The firm has a 50 day moving average price of GBX 219.04 and a 200-day moving average price of GBX 206.12. Saga PLC has a one year low of GBX 170.80 and a one year high of GBX 227.38.

The firm also recently disclosed a dividend, which will be paid on Friday, November 18th. Investors of record on Thursday, October 6th will be given a dividend of GBX 2.70 ($0.04) per share. This represents a yield of 1.21%. The ex-dividend date of this dividend is Thursday, October 6th.

In other Saga PLC news, insider Batchelor,Lance acquired 149 shares of the business’s stock in a transaction that occurred on Thursday, July 21st. The shares were purchased at an average price of GBX 201 ($2.62) per share, with a total value of £299.49 ($390.93).

Saga PLC Company Profile

Saga plc is a provider of services for the customers aged 50 and over. The Company operates through three segments: Insurance, Travel, and Emerging Businesses and Central Costs. Insurance segment consists of general insurance products, such as Motor insurance, Home insurance and Other insurance. Travel segment primarily consists of the operation and delivery of package tours and cruise holiday products.

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