Stagecoach Group plc (SGC) Earns “Sell” Rating from Liberum Capital
Stagecoach Group plc (LON:SGC)‘s stock had its “sell” rating reiterated by analysts at Liberum Capital in a report released on Thursday. They presently have a GBX 185 ($2.39) price target on the stock. Liberum Capital’s price target indicates a potential downside of 13.39% from the company’s current price.
A number of other research analysts have also issued reports on the company. HSBC Holdings plc lowered Stagecoach Group plc to a “reduce” rating and decreased their target price for the company from GBX 205 ($2.65) to GBX 200 ($2.59) in a research report on Friday, April 28th. Canaccord Genuity reiterated a “hold” rating and set a GBX 218 ($2.82) target price on shares of Stagecoach Group plc in a research report on Thursday, March 30th. JPMorgan Chase & Co. increased their target price on Stagecoach Group plc from GBX 165 ($2.13) to GBX 166 ($2.15) and gave the company an “underweight” rating in a research report on Thursday, March 30th. Shore Capital reiterated a “buy” rating on shares of Stagecoach Group plc in a research report on Wednesday, March 29th. Finally, Deutsche Bank AG reiterated a “buy” rating on shares of Stagecoach Group plc in a research report on Tuesday, February 21st. Three analysts have rated the stock with a sell rating, six have given a hold rating and three have issued a buy rating to the company. The stock has a consensus rating of “Hold” and a consensus price target of GBX 220.90 ($2.86).
Shares of Stagecoach Group plc (LON:SGC) traded down 0.37% during trading on Thursday, reaching GBX 213.60. 862,138 shares of the company’s stock traded hands. Stagecoach Group plc has a one year low of GBX 193.80 and a one year high of GBX 356.40. The stock’s market cap is GBX 1.22 billion. The company has a 50 day moving average price of GBX 209.17 and a 200-day moving average price of GBX 208.97.
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About Stagecoach Group plc
Stagecoach Group plc is a United Kingdom-based transport company. The Company is engaged in the sale and operation of passenger transport. The Company operates in five segments: UK Bus (regional operations), megabus Europe, UK Bus (London), North America and UK Rail. UK Bus (regional operations) connects communities in over 100 towns and cities across the United Kingdom on bus networks stretching from the Highlands of Scotland to south west England.
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