Stagecoach Group PT Raised to GBX 328 at Citigroup Inc. (SGC)
Citigroup Inc. increased their target price on shares of Stagecoach Group (LON:SGC) from GBX 285 ($4.53) to GBX 328 ($5.21) in a research note issued on Wednesday, Analyst Ratings Network reports. The firm currently has a “neutral” rating on the stock. Citigroup Inc.’s target price suggests a potential downside of 0.27% from the company’s current price.
A number of other analysts have also recently weighed in on SGC. Analysts at JPMorgan Chase & Co. upgraded shares of Stagecoach Group (LON:SGC) from a “neutral” rating to an “overweight” rating in a research note to investors on Tuesday. They now have a GBX 365 ($5.80) price target on the stock, up previously from GBX 324 ($5.14). Separately, analysts at Morgan Stanley reiterated an “equal weight” rating on shares of Stagecoach Group (LON:SGC) in a research note to investors on Friday, August 30th. They now have a GBX 330 ($5.24) price target on the stock. Finally, analysts at Deutsche Bank reiterated a “buy” rating on shares of Stagecoach Group (LON:SGC) in a research note to investors on Friday, August 30th. They now have a GBX 350 ($5.56) price target on the stock.
One equities research analyst has rated the stock with a sell rating, seven have assigned a hold rating and eight have assigned a buy rating to the company. The stock presently has an average rating of “Hold” and an average target price of GBX 328.14 ($5.21).
Shares of Stagecoach Group (LON:SGC) traded down 1.91% on Wednesday, hitting GBX 328.90. 504,185 shares of the company’s stock traded hands. Stagecoach Group has a 1-year low of GBX 264.30 and a 1-year high of GBX 338.70. The stock has a 50-day moving average of GBX 324. and a 200-day moving average of GBX 313.0. The company’s market cap is £1.887 billion.
Stagecoach Group plc is an international public transport company with operations in the United Kingdom, United States and Canada.
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