Stagecoach Group Rating Reiterated by Liberum Capital (SGC)
Stagecoach Group (LON:SGC)‘s stock had its “hold” rating restated by equities researchers at Liberum Capital in a research report issued on Friday, AnalystRatings.Net reports. They currently have a GBX 350 ($5.74) target price on the stock. Liberum Capital’s price target indicates a potential downside of 6.37% from the stock’s previous close.
SGC has been the subject of a number of other recent research reports. Analysts at Deutsche Bank reiterated a “buy” rating on shares of Stagecoach Group in a research note to investors on Tuesday, December 24th. They now have a GBX 400 ($6.56) price target on the stock. Separately, analysts at Goldman Sachs Group Inc. downgraded shares of Stagecoach Group to a “sell” rating in a research note to investors on Tuesday, December 17th. They now have a GBX 350 ($5.74) price target on the stock. Finally, analysts at Investec raised their price target on shares of Stagecoach Group from GBX 350 ($5.74) to GBX 370 ($6.07) in a research note to investors on Wednesday, December 11th. They now have an “add” rating on the stock. Two investment analysts have rated the stock with a sell rating, eight have given a hold rating and five have assigned a buy rating to the company. The company has an average rating of “Hold” and a consensus target price of GBX 342.85 ($5.62).
Shares of Stagecoach Group (LON:SGC) opened at 373.80 on Friday. Stagecoach Group has a 52 week low of GBX 284.70 and a 52 week high of GBX 379.00. The stock’s 50-day moving average is GBX 367.1 and its 200-day moving average is GBX 339.9. The company’s market cap is £2.147 billion.
The company also recently announced a dividend, which is scheduled for Wednesday, March 5th. Shareholders of record on Wednesday, February 5th will be paid a dividend of GBX 2.90 ($0.05) per share. This represents a dividend yield of 0.78%. The ex-dividend date is Wednesday, February 5th.
Stagecoach Group plc is an international public transport company with operations in the United Kingdom, United States and Canada.
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