Stagecoach Group plc’s (SGC) “Underweight” Rating Reaffirmed at JPMorgan Chase & Co.
Stagecoach Group plc (LON:SGC)‘s stock had its “underweight” rating reissued by stock analysts at JPMorgan Chase & Co. in a research note issued on Thursday.
Several other equities research analysts have also recently issued reports on SGC. Shore Capital restated a “buy” rating on shares of Stagecoach Group plc in a research report on Wednesday. Canaccord Genuity restated a “hold” rating and set a GBX 237 ($3.09) price objective on shares of Stagecoach Group plc in a research report on Wednesday. Liberum Capital restated a “hold” rating and set a GBX 225 ($2.94) price objective on shares of Stagecoach Group plc in a research report on Wednesday. Royal Bank Of Canada cut their price objective on shares of Stagecoach Group plc from GBX 280 ($3.65) to GBX 240 ($3.13) and set a “sector performer” rating for the company in a research report on Thursday, September 1st. Finally, Deutsche Bank AG cut their price objective 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 report on Wednesday, September 21st. Three investment analysts have rated the stock with a sell rating, seven have assigned a hold rating and four have given a buy rating to the company’s stock. Stagecoach Group plc has a consensus rating of “Hold” and a consensus price target of GBX 276.31 ($3.61).
Shares of Stagecoach Group plc (LON:SGC) opened at 209.90 on Thursday. The stock’s market cap is GBX 1.20 billion. The stock has a 50 day moving average of GBX 220.11 and a 200 day moving average of GBX 235.56. Stagecoach Group plc has a 12 month low of GBX 193.80 and a 12 month high of GBX 378.50.
In other Stagecoach Group plc news, insider Griffiths,Martin Andrew acquired 20,000 shares of the company’s stock in a transaction that occurred on Friday, July 1st. The stock was purchased 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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