Stagecoach Group plc Rating Reiterated by Deutsche Bank (SGC)
Stagecoach Group plc (LON:SGC)‘s stock had its “buy” rating restated by research analysts at Deutsche Bank in a report released on Thursday. They currently have a GBX 400 ($6.69) target price on the stock. Deutsche Bank’s price objective would suggest a potential upside of 11.20% from the company’s current price.
Stagecoach Group plc (LON:SGC) opened at 355.20 on Thursday. Stagecoach Group plc has a one year low of GBX 307.00 and a one year high of GBX 401.40. The stock’s 50-day moving average is GBX 363.9 and its 200-day moving average is GBX 374.4. The company’s market cap is £2.040 billion.
SGC has been the subject of a number of other recent research reports. Analysts at Panmure Gordon reiterated a “buy” rating on shares of Stagecoach Group plc in a research note on Tuesday. They now have a GBX 400 ($6.69) price target on the stock. Separately, 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. Finally, 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. One analyst has rated the stock with a sell rating, five have issued a hold rating and six have given a buy rating to the company. The stock presently has an average rating of “Hold” and an average target price of GBX 386.08 ($6.45).
Stagecoach Group plc is an international public transport company with bus and rail operations in the United Kingdom and North America.