Stagecoach Group plc (LON:SGC)‘s stock had its “hold” rating reaffirmed by investment analysts at in a research note issued to investors on Friday, November 3rd. They presently have a GBX 160 ($2.10) price target on the stock. ‘s price target would indicate a potential downside of 0.50% from the company’s current price.
Other equities analysts have also recently issued research reports about the stock. Liberum Capital raised their price target on shares of Stagecoach Group plc from GBX 155 ($2.04) to GBX 170 ($2.24) and gave the company a “hold” rating in a research report on Thursday, October 5th. Shore Capital restated a “hold” rating on shares of Stagecoach Group plc in a report on Thursday, September 28th. Jefferies Group LLC reduced their price objective on shares of Stagecoach Group plc from GBX 230 ($3.03) to GBX 190 ($2.50) and set a “hold” rating on the stock in a report on Monday, July 24th. Finally, J P Morgan Chase & Co reduced their price objective on shares of Stagecoach Group plc from GBX 149 ($1.96) to GBX 131 ($1.72) and set an “underweight” rating on the stock in a report on Friday, October 13th. One equities research analyst has rated the stock with a sell rating, eight have assigned a hold rating and two have issued a buy rating to the company. The stock currently has an average rating of “Hold” and an average price target of GBX 181.90 ($2.39).
Shares of Stagecoach Group plc (LON:SGC) traded up GBX 2.20 ($0.03) during mid-day trading on Friday, reaching GBX 160.80 ($2.11). 780,882 shares of the company’s stock traded hands, compared to its average volume of 972,818. Stagecoach Group plc has a 52 week low of GBX 1.57 ($0.02) and a 52 week high of GBX 227.29 ($2.99).
About Stagecoach Group plc
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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