Stagecoach Group plc (SGC) Given Buy Rating at Shore Capital
Other equities analysts also recently issued reports about the stock. Deutsche Bank AG decreased their price target on shares of Stagecoach Group plc from GBX 365 ($4.76) to GBX 250 ($3.26) and set a buy rating for the company in a research note on Wednesday, September 21st. Barclays PLC decreased their price target on shares of Stagecoach Group plc from GBX 308 ($4.02) to GBX 255 ($3.33) and set an equal weight rating for the company in a research note on Thursday, July 7th. Liberum Capital reissued a hold rating and issued a GBX 225 ($2.94) price target on shares of Stagecoach Group plc in a research note on Wednesday. Canaccord Genuity initiated coverage on shares of Stagecoach Group plc in a research note on Monday, September 19th. They issued a hold rating and a GBX 237 ($3.09) price target for the company. Finally, JPMorgan Chase & Co. reissued a neutral rating on shares of Stagecoach Group plc in a research note on Thursday, June 30th. Two investment analysts have rated the stock with a sell rating, eight have issued a hold rating and four have given a buy rating to the company. The company currently has an average rating of Hold and a consensus price target of GBX 274 ($3.58).
Shares of Stagecoach Group plc (LON:SGC) opened at 212.60 on Wednesday. Stagecoach Group plc has a one year low of GBX 193.80 and a one year high of GBX 378.50. The firm has a 50 day moving average price of GBX 220.11 and a 200-day moving average price of GBX 235.56. The firm’s market cap is GBX 1.22 billion.
In other Stagecoach Group plc news, insider Griffiths,Martin Andrew purchased 20,000 shares of the company’s stock in a transaction dated Friday, July 1st. The shares were acquired at an average price of GBX 209 ($2.73) per share, for a total transaction of £41,800 ($54,562.07).
About Stagecoach Group plc
Stagecoach Group plc is a United Kingdom-based transport company. The Company is engaged in the sale and operation of passenger transport. The Company operates in five segments: UK Bus (regional operations), megabus Europe, UK Bus (London), North America and UK Rail. UK Bus (regional operations) connects communities in over 100 towns and cities across the United Kingdom on bus networks stretching from the Highlands of Scotland to south west England.
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