Stagecoach Group (SGC) PT Lowered to GBX 151 at JPMorgan Chase & Co.
Stagecoach Group (LON:SGC) had its target price trimmed by JPMorgan Chase & Co. from GBX 174 ($2.44) to GBX 151 ($2.12) in a research report released on Wednesday. The brokerage currently has a neutral rating on the stock.
A number of other research analysts have also weighed in on the company. Shore Capital raised Stagecoach Group to a buy rating in a report on Tuesday, February 6th. Deutsche Bank dropped their price objective on Stagecoach Group from GBX 210 ($2.94) to GBX 205 ($2.87) and set a buy rating on the stock in a report on Tuesday, February 6th. Liberum Capital reaffirmed a buy rating and set a GBX 185 ($2.59) price objective on shares of Stagecoach Group in a report on Tuesday, February 6th. Canaccord Genuity upped their price objective on Stagecoach Group from GBX 176 ($2.47) to GBX 191 ($2.68) and gave the stock a hold rating in a report on Friday, December 8th. Finally, HSBC reissued a buy rating on shares of Stagecoach Group in a report on Thursday, November 30th. Five equities research analysts have rated the stock with a hold rating and six have given a buy rating to the stock. The stock presently has an average rating of Buy and an average price target of GBX 180.20 ($2.53).
Stagecoach Group (LON:SGC) opened at GBX 136.50 ($1.91) on Wednesday. Stagecoach Group has a twelve month low of GBX 124.40 ($1.74) and a twelve month high of GBX 218.80 ($3.07). The firm has a market capitalization of $782.61 and a price-to-earnings ratio of 2,275.00.
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About Stagecoach Group
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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