Stagecoach Group plc (LON:SGC)‘s stock had its “hold” rating reiterated by analysts at HSBC Holdings plc in a research note issued to investors on Friday, November 3rd. They currently have a GBX 160 ($2.10) target price on the stock. HSBC Holdings plc’s price target suggests a potential downside of 2.20% from the company’s previous close.

Several other research firms have also issued reports on SGC. Jefferies Group LLC reduced their target price on shares of Stagecoach Group plc from GBX 230 ($3.03) to GBX 190 ($2.50) and set a “hold” rating for the company in a research note on Monday, July 24th. Shore Capital lowered shares of Stagecoach Group plc to a “hold” rating in a research note on Friday, July 7th. HSBC reiterated a “hold” rating and issued a GBX 160 ($2.10) target price on shares of Stagecoach Group plc in a research note on Friday, November 3rd. reiterated a “hold” rating and issued a GBX 160 ($2.10) target price on shares of Stagecoach Group plc in a research note on Friday, November 3rd. Finally, Liberum Capital upped their target price on shares of Stagecoach Group plc from GBX 155 ($2.04) to GBX 170 ($2.24) and gave the stock a “hold” rating in a research note on Thursday, October 5th. One research analyst has rated the stock with a sell rating, eight have given a hold rating and two have assigned a buy rating to the company. The stock has an average rating of “Hold” and a consensus price target of GBX 178.78 ($2.35).

Stagecoach Group plc (LON:SGC) traded down GBX 1.70 ($0.02) during midday trading on Friday, hitting GBX 163.60 ($2.15). 1,064,311 shares of the stock traded hands, compared to its average volume of 1,060,000. Stagecoach Group plc has a 12-month low of GBX 150.80 ($1.98) and a 12-month high of GBX 227.29 ($2.99).

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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.

Analyst Recommendations for Stagecoach Group plc (LON:SGC)

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