Saga PLC (SAGA) Receives Hold Rating from Canaccord Genuity
Several other research analysts also recently weighed in on the stock. Peel Hunt restated a buy rating and set a GBX 250 ($3.26) price target on shares of Saga PLC in a research report on Tuesday, June 21st. Goldman Sachs Group Inc. restated a buy rating and set a GBX 245 ($3.20) price target on shares of Saga PLC in a research report on Wednesday, June 15th. JPMorgan Chase & Co. restated an underweight rating and set a GBX 190 ($2.48) price target on shares of Saga PLC in a research report on Thursday, September 15th. Beaufort Securities restated a buy rating on shares of Saga PLC in a research report on Thursday, September 22nd. Finally, Numis Securities Ltd restated an add rating and set a GBX 235 ($3.07) price target on shares of Saga PLC in a research report on Wednesday, September 21st. One research analyst has rated the stock with a sell rating, three have issued a hold rating and three have issued a buy rating to the company. The company has an average rating of Hold and a consensus target price of GBX 225.83 ($2.95).
Shares of Saga PLC (LON:SAGA) traded up 0.05% during mid-day trading on Monday, reaching GBX 213.90. 1,343,306 shares of the company’s stock traded hands. Saga PLC has a 12-month low of GBX 170.80 and a 12-month high of GBX 227.38. The stock’s market capitalization is GBX 2.38 billion. The company’s 50-day moving average price is GBX 218.80 and its 200-day moving average price is GBX 206.99.
The company also recently declared a dividend, which will be paid on Friday, November 18th. Stockholders of record on Thursday, October 6th will be paid a GBX 2.70 ($0.04) dividend. The ex-dividend date is Thursday, October 6th. This represents a dividend yield of 1.21%.
In other news, insider Batchelor,Lance purchased 149 shares of the company’s stock in a transaction dated Thursday, July 21st. The stock was acquired at an average price of GBX 201 ($2.62) per share, with a total value of £299.49 ($390.93).
About Saga PLC
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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