Deutsche Bank Reiterates Buy Rating for Stagecoach Group plc (SGC)
Stagecoach Group plc (LON:SGC)‘s stock had its “buy” rating reaffirmed by equities researchers at Deutsche Bank in a research report issued on Wednesday, Stock Ratings News reports. They currently have a GBX 400 ($6.72) price objective on the stock. Deutsche Bank’s target price would suggest a potential upside of 7.82% 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 plc in a research note on Tuesday. They now have a GBX 350 ($5.88) price target on the stock. Separately, analysts at Investec reiterated an “add” rating on shares of Stagecoach Group plc in a research note on Tuesday. They now have a GBX 405 ($6.80) price target on the stock. Finally, analysts at JPMorgan Chase & Co. reiterated an “overweight” rating on shares of Stagecoach Group plc in a research note on Thursday, April 24th. They now have a GBX 410 ($6.89) price target on the stock. Two equities research analysts have rated the stock with a sell rating, six have given a hold rating and seven have given a buy rating to the company’s stock. The stock has a consensus rating of “Hold” and an average target price of GBX 368.79 ($6.20).
Shares of Stagecoach Group plc (LON:SGC) traded down 0.38% during mid-day trading on Wednesday, hitting GBX 371.00. The stock had a trading volume of 487,213 shares. Stagecoach Group plc has a 52-week low of GBX 284.70 and a 52-week high of GBX 401.40. The stock’s 50-day moving average is GBX 381.5 and its 200-day moving average is GBX 369.0. The company’s market cap is £2.131 billion.
Stagecoach Group plc is an international public transport company with bus and rail operations in the United Kingdom and North America.
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