Canaccord Genuity Increases Stagecoach Group (SGC) Price Target to GBX 191
Stagecoach Group (LON:SGC) had its target price hoisted by Canaccord Genuity from GBX 176 ($2.37) to GBX 191 ($2.57) in a note issued to investors on Friday. The firm currently has a “hold” rating on the stock. Canaccord Genuity’s price target would suggest a potential upside of 10.66% from the company’s previous close.
SGC has been the topic of several other reports. Liberum Capital reissued a “buy” rating and issued a GBX 170 ($2.29) price objective on shares of Stagecoach Group in a research report on Wednesday. Shore Capital reissued a “hold” rating on shares of Stagecoach Group in a research report on Wednesday. J P Morgan Chase & Co cut their price objective on Stagecoach Group from GBX 149 ($2.01) to GBX 131 ($1.76) and set an “underweight” rating on the stock in a research report on Friday, October 13th. raised Stagecoach Group to a “hold” rating and set a GBX 160 ($2.15) target price on the stock in a research report on Wednesday, September 20th. Finally, HSBC reaffirmed a “hold” rating and set a GBX 160 ($2.15) target price on shares of Stagecoach Group in a research report on Friday, November 3rd. Seven analysts have rated the stock with a hold rating and four have given a buy rating to the stock. The stock currently has an average rating of “Hold” and an average price target of GBX 183.50 ($2.47).
Stagecoach Group (LON:SGC) traded down GBX 7.70 ($0.10) during trading hours on Friday, reaching GBX 172.61 ($2.32). The company’s stock had a trading volume of 2,221,153 shares, compared to its average volume of 1,260,000. Stagecoach Group has a one year low of GBX 150.80 ($2.03) and a one year high of GBX 227.29 ($3.06).
Stagecoach Group 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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