Brokerages Set Stagecoach Group plc (LON:SGC) Target Price at GBX 153.33
Stagecoach Group plc (LON:SGC) has received an average rating of “Buy” from the ten ratings firms that are currently covering the company, Marketbeat Ratings reports. One research analyst has rated the stock with a sell recommendation, three have assigned a hold recommendation and six have given a buy recommendation to the company. The average twelve-month price target among brokers that have issued ratings on the stock in the last year is GBX 153.33 ($2.00).
A number of brokerages recently weighed in on SGC. JPMorgan Chase & Co. restated a “neutral” rating on shares of Stagecoach Group in a research report on Wednesday, May 15th. Deutsche Bank reiterated a “buy” rating on shares of Stagecoach Group in a research report on Friday, July 12th. Citigroup upgraded Stagecoach Group to a “buy” rating and reduced their price target for the company from GBX 177 ($2.31) to GBX 155 ($2.03) in a research report on Friday, April 26th. HSBC upped their price target on Stagecoach Group from GBX 135 ($1.76) to GBX 140 ($1.83) and gave the company a “hold” rating in a research report on Tuesday, July 30th. Finally, Liberum Capital upgraded Stagecoach Group to a “buy” rating in a research report on Tuesday, July 2nd.
SGC stock traded up GBX 1.10 ($0.01) during midday trading on Tuesday, reaching GBX 128.20 ($1.68). 604,819 shares of the stock were exchanged, compared to its average volume of 1,730,000. The company has a market cap of $716.28 million and a PE ratio of 33.74. Stagecoach Group has a 52 week low of GBX 113.60 ($1.48) and a 52 week high of GBX 184.70 ($2.41). The company has a quick ratio of 0.59, a current ratio of 0.70 and a debt-to-equity ratio of 338.55. The firm has a fifty day moving average of GBX 129.91.
About Stagecoach Group
Stagecoach Group plc, together with its subsidiaries, provides public transportation services in the United Kingdom, mainland Europe, the United States, and Canada. It operates through five segments: UK Bus (Regional Operations), megabus Europe, UK Bus (London), North America, and UK Rail. The company offers bus, coach, train, and tram services.
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