Insider Buying: Saga (LON:SAGA) Insider Acquires £1,799.52 in Stock

Saga plc (LON:SAGA) insider Mark Watkins acquired 276 shares of the company’s stock in a transaction dated Wednesday, July 15th. The shares were bought at an average price of GBX 652 per share, for a total transaction of £1,799.52.

Mark Watkins also recently made the following trade(s):

• On Friday, July 3rd, Mark Watkins sold 30,205 shares of Saga stock. The shares were sold at an average price of GBX 670, for a total value of £202,373.50.

Saga Price Performance

LON:SAGA opened at GBX 660.77 on Thursday. Saga plc has a 1-year low of GBX 171.40 and a 1-year high of GBX 680. The company has a current ratio of 1.35, a quick ratio of 0.67 and a debt-to-equity ratio of 934.58. The firm has a fifty day simple moving average of GBX 586.11 and a 200 day simple moving average of GBX 540.41. The stock has a market capitalization of £960.69 million, a PE ratio of 275.32, a P/E/G ratio of 1.22 and a beta of 2.02.

Wall Street Analysts Forecast Growth

SAGA has been the subject of a number of analyst reports. Berenberg Bank reissued a “buy” rating and issued a GBX 1,025 price objective on shares of Saga in a research report on Thursday, July 9th. Deutsche Bank Aktiengesellschaft upped their target price on shares of Saga from GBX 600 to GBX 795 and gave the company a “buy” rating in a report on Wednesday, July 1st. Two equities research analysts have rated the stock with a Buy rating, According to data from MarketBeat, the company has an average rating of “Buy” and a consensus target price of GBX 910.

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.