Peel Hunt Reiterates “Buy” Rating for Saga (LON:SAGA)
Saga (LON:SAGA)‘s stock had its “buy” rating reissued by Peel Hunt in a research note issued on Tuesday, ThisIsMoney.Co.Uk reports.
Several other research firms have also weighed in on SAGA. JPMorgan Chase & Co. reaffirmed a “neutral” rating and set a GBX 60 ($0.78) target price on shares of Saga in a report on Monday, August 5th. UBS Group reaffirmed a “neutral” rating on shares of Saga in a report on Friday, September 20th. Three analysts have rated the stock with a hold rating and one has given a buy rating to the company’s stock. Saga presently has a consensus rating of “Hold” and a consensus price target of GBX 99.20 ($1.30).
LON:SAGA opened at GBX 54.70 ($0.71) on Tuesday. The company has a debt-to-equity ratio of 72.23, a current ratio of 1.21 and a quick ratio of 0.40. The firm has a market cap of $614.50 million and a price-to-earnings ratio of -2.99. The company has a 50 day moving average price of GBX 49.55 and a 200-day moving average price of GBX 46.55. Saga has a 1-year low of GBX 31.78 ($0.42) and a 1-year high of GBX 125.90 ($1.65).
Saga plc engages in insurance, travel, personal finance, healthcare, retirement villages, and media businesses in the United Kingdom. The company operates in three segments: Insurance, Travel, and Emerging Businesses and Central Costs. It offers car, caravan, motorhome, breakdown cover, home, landlord, holiday home, home emergency, pet, travel, boat, health, personal accident, and life insurance, as well as accidental death benefit products.
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