Stagecoach Group Given “Buy” Rating at Panmure Gordon (SGC)
Stagecoach Group (LON:SGC)‘s stock had its “buy” rating reaffirmed by stock analysts at Panmure Gordon in a report issued on Tuesday, AnalystRatingsNetwork.com reports. They currently have a GBX 350 ($5.66) target price on the stock. Panmure Gordon’s target price indicates a potential upside of 4.73% from the stock’s previous close.
A number of other analysts have also recently weighed in on SGC. Analysts at Jefferies Group reiterated a “hold” rating on shares of Stagecoach Group in a research note to investors on Tuesday. They now have a GBX 340 ($5.50) price target on the stock. Separately, analysts at Investec reiterated an “add” rating on shares of Stagecoach Group in a research note to investors on Tuesday. One investment analyst has rated the stock with a sell rating, eight have given a hold rating and six have issued a buy rating to the stock. The stock has an average rating of “Hold” and a consensus target price of GBX 325.95 ($5.27).
Shares of Stagecoach Group (LON:SGC) traded up 1.31% on Tuesday, hitting GBX 341.50. 273,957 shares of the company’s stock traded hands. Stagecoach Group has a one year low of GBX 264.30 and a one year high of GBX 343.90. The stock’s 50-day moving average is GBX 327.4 and its 200-day moving average is GBX 316.5. The company’s market cap is £1.959 billion.
Stagecoach Group plc is an international public transport company with operations in the United Kingdom, United States and Canada.
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