Stagecoach Group Stock Rating Reaffirmed by Deutsche Bank (SGC)
Stagecoach Group (LON:SGC)‘s stock had its “buy” rating reiterated by equities researchers at Deutsche Bank in a research report issued on Wednesday, Stock Ratings Network.com reports. They currently have a GBX 400 ($6.56) price objective on the stock. Deutsche Bank’s price target suggests a potential upside of 8.55% from the stock’s previous close.
A number of other firms have also recently commented on SGC. Analysts at Nomura raised their price target on shares of Stagecoach Group from GBX 340 ($5.58) to GBX 390 ($6.40) in a research note on Tuesday, January 21st. They now have a “buy” rating on the stock. Separately, analysts at HSBC upgraded shares of Stagecoach Group to an “overweight” rating in a research note on Thursday, January 16th. They now have a GBX 415 ($6.81) price target on the stock, up previously from GBX 325 ($5.33). Finally, analysts at Liberum Capital reiterated a “hold” rating on shares of Stagecoach Group in a research note on Friday, January 10th. They now have a GBX 350 ($5.74) price target on the stock. Two investment analysts have rated the stock with a sell rating, seven have assigned a hold rating and seven have assigned a buy rating to the company’s stock. The company presently has a consensus rating of “Hold” and a consensus price target of GBX 355.21 ($5.83).
Shares of Stagecoach Group (LON:SGC) traded up 1.15% during mid-day trading on Wednesday, hitting GBX 369.10. The stock had a trading volume of 926,214 shares. Stagecoach Group has a one year low of GBX 284.70 and a one year high of GBX 382.00. The stock’s 50-day moving average is GBX 369.3 and its 200-day moving average is GBX 346.8. The company’s market cap is £2.120 billion.
Stagecoach Group plc is an international public transport company with operations in the United Kingdom, United States and Canada.
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