Stagecoach Group (SGC) PT Raised to GBX 191
Stagecoach Group (LON:SGC) had its price target lifted by analysts at Canaccord Genuity from GBX 176 ($2.37) to GBX 191 ($2.57) in a report issued on Friday. The brokerage currently has a “hold” rating on the stock. Canaccord Genuity’s price objective points to a potential upside of 10.66% from the company’s current price.
A number of other equities analysts have also recently issued reports on the stock. J P Morgan Chase & Co upgraded shares of Stagecoach Group to a “neutral” rating and increased their price objective for the company from GBX 131 ($1.76) to GBX 174 ($2.34) in a research note on Thursday. Liberum Capital restated a “buy” rating and issued a GBX 170 ($2.29) price objective on shares of Stagecoach Group in a research note on Wednesday. Shore Capital restated a “hold” rating on shares of Stagecoach Group in a research note on Wednesday. HSBC restated a “buy” rating on shares of Stagecoach Group in a research note on Thursday, November 30th. Finally, Deutsche Bank reaffirmed a “buy” rating and issued a GBX 210 ($2.83) target price on shares of Stagecoach Group in a report on Thursday, November 30th. Seven analysts have rated the stock with a hold rating and four have assigned a buy rating to the stock. The company presently has an average rating of “Hold” and a consensus target price of GBX 183.50 ($2.47).
Shares of Stagecoach Group (LON:SGC) traded down GBX 7.70 ($0.10) during mid-day trading on Friday, hitting GBX 172.61 ($2.32). 2,221,153 shares of the stock were exchanged, compared to its average volume of 1,260,000. Stagecoach Group has a 52 week low of GBX 150.80 ($2.03) and a 52 week high of GBX 227.29 ($3.06).
Stagecoach Group Company Profile
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.
Receive News & Stock Ratings for Stagecoach Group plc Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Stagecoach Group plc and related stocks with our FREE daily email newsletter.