Ross Paterson Buys 86 Shares of Stagecoach Group plc (SGC) Stock
Stagecoach Group plc (LON:SGC) insider Ross Paterson bought 86 shares of Stagecoach Group plc stock in a transaction dated Tuesday, October 3rd. The stock was acquired at an average price of GBX 175 ($2.32) per share, with a total value of £150.50 ($199.63).
Ross Paterson also recently made the following trade(s):
- On Friday, September 1st, Ross Paterson purchased 89 shares of Stagecoach Group plc stock. The stock was acquired at an average cost of GBX 168 ($2.23) per share, for a total transaction of £149.52 ($198.33).
- On Wednesday, August 2nd, Ross Paterson purchased 83 shares of Stagecoach Group plc stock. The shares were acquired at an average price of GBX 181 ($2.40) per share, for a total transaction of £150.23 ($199.27).
- On Thursday, July 6th, Ross Paterson purchased 78 shares of Stagecoach Group plc stock. The shares were acquired at an average price of GBX 191 ($2.53) per share, for a total transaction of £148.98 ($197.61).
Shares of Stagecoach Group plc (LON:SGC) traded down 2.20% on Wednesday, reaching GBX 169.10. The company’s stock had a trading volume of 1,987,093 shares. Stagecoach Group plc has a 12-month low of GBX 150.80 and a 12-month high of GBX 227.29. The company’s 50-day moving average is GBX 167.56 and its 200 day moving average is GBX 192.14. The company’s market capitalization is GBX 970.01 million.
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Several research analysts recently commented on the stock. Jefferies Group LLC cut their price objective on shares of Stagecoach Group plc from GBX 230 ($3.05) to GBX 190 ($2.52) and set a “hold” rating for the company in a report on Monday, July 24th. Shore Capital lowered shares of Stagecoach Group plc to a “hold” rating in a research note on Friday, July 7th. Liberum Capital lowered their target price on shares of Stagecoach Group plc from GBX 185 ($2.45) to GBX 155 ($2.06) and set a “sell” rating on the stock in a report on Tuesday, July 4th. HSBC Holdings plc lowered their target price on shares of Stagecoach Group plc from GBX 200 ($2.65) to GBX 160 ($2.12) and set a “reduce” rating on the stock in a report on Thursday, July 13th. Finally, J P Morgan Chase & Co dropped their target price on Stagecoach Group plc from GBX 166 ($2.20) to GBX 149 ($1.98) and set an “underweight” rating on the stock in a research report on Thursday, June 29th. One research analyst has rated the stock with a sell rating, six have issued a hold rating and three have issued a buy rating to the company. The stock currently has an average rating of “Hold” and an average target price of GBX 184.57 ($2.45).
Stagecoach Group plc Company Profile
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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