Saga (LON:SAGA) Reaches New 52-Week High – Still a Buy?

Saga plc (LON:SAGA)’s share price reached a new 52-week high during trading on Tuesday . The company traded as high as GBX 400 and last traded at GBX 397, with a volume of 1993947 shares. The stock had previously closed at GBX 392.

Wall Street Analyst Weigh In

Separately, Deutsche Bank Aktiengesellschaft lifted their price target on Saga from GBX 185 to GBX 285 and gave the company a “buy” rating in a report on Wednesday, September 24th. One equities research analyst has rated the stock with a Buy rating, According to MarketBeat, the company currently has a consensus rating of “Buy” and an average price target of GBX 285.

Saga Stock Performance

The stock has a market capitalization of £571.50 million, a price-to-earnings ratio of -9.04, a price-to-earnings-growth ratio of 1.22 and a beta of 2.57. The company has a debt-to-equity ratio of 625.34, a current ratio of 1.33 and a quick ratio of 0.67. The stock has a 50-day moving average of GBX 295.48 and a 200 day moving average of GBX 237.34.

About Saga

Saga exists to deliver exceptional experiences for our customers every day, whilst being a driver of positive change in our markets and communities.