Stagecoach Group plc Receives “Buy” Rating from Panmure Gordon (SGC)
Stagecoach Group plc (LON:SGC)‘s stock had its “buy” rating restated by analysts at Panmure Gordon in a research report issued to clients and investors on Tuesday. They currently have a GBX 400 ($6.69) price target on the stock. Panmure Gordon’s price target would suggest a potential upside of 11.70% from the company’s current price.
A number of other analysts have also recently weighed in on SGC. Analysts at Nomura raised their price target on shares of Stagecoach Group plc from GBX 390 ($6.52) to GBX 400 ($6.69) in a research note on Friday, July 25th. They now have a “buy” rating on the stock. Separately, analysts at RBC Capital reiterated an “outperform” rating on shares of Stagecoach Group plc in a research note on Wednesday, July 9th. They now have a GBX 430 ($7.19) price target on the stock. Finally, analysts at Jefferies Group reiterated a “hold” rating on shares of Stagecoach Group plc in a research note on Tuesday, July 8th. They now have a GBX 415 ($6.94) price target on the stock. One analyst has rated the stock with a sell rating, five have given a hold rating and six have given a buy rating to the company. The company currently has a consensus rating of “Hold” and an average price target of GBX 386.08 ($6.45).
Shares of Stagecoach Group plc (LON:SGC) opened at 363.40 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’s 50-day moving average is GBX 364.6 and its 200-day moving average is GBX 374.5. The company’s market cap is £2.087 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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