Jefferies Group Reiterates Hold Rating for Stagecoach Group plc (SGC)
Stagecoach Group plc (LON:SGC)‘s stock had its “hold” rating reaffirmed by research analysts at Jefferies Group in a report released on Tuesday. They currently have a GBX 415 ($7.12) target price on the stock. Jefferies Group’s price objective would suggest a potential upside of 9.24% from the stock’s previous close.
Other equities research analysts have also recently issued reports about the stock. Analysts at Investec reiterated an “add” rating on shares of Stagecoach Group plc in a research note on Wednesday, June 25th. They now have a GBX 405 ($6.95) price target on the stock. Separately, analysts at Deutsche Bank reiterated a “buy” rating on shares of Stagecoach Group plc in a research note on Monday, June 23rd. They now have a GBX 400 ($6.86) price target on the stock. Finally, analysts at RBC Capital reiterated an “outperform” rating on shares of Stagecoach Group plc in a research note on Thursday, June 19th. They now have a GBX 430 ($7.38) price target on the stock. One analyst has rated the stock with a sell rating, five have issued a hold rating and six have issued a buy rating to the company. The company has an average rating of “Hold” and a consensus target price of GBX 385.25 ($6.61).
Shares of Stagecoach Group plc (LON:SGC) opened at 376.60 on Tuesday. Stagecoach Group plc has a 52-week low of GBX 307.00 and a 52-week high of GBX 401.40. The stock has a 50-day moving average of GBX 378.7 and a 200-day moving average of GBX 376.6. The company’s market cap is £2.163 billion.
The company also recently announced a dividend, which is scheduled for Wednesday, October 1st. Shareholders of record on Wednesday, August 27th will be paid a dividend of GBX 6.60 ($0.11) per share. This represents a dividend yield of 1.75%. The ex-dividend date is Wednesday, August 27th.
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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