A number of firms have modified their ratings and price targets on shares of Saga (LON: SAGA) recently:

  • 12/13/2017 – Saga had its “neutral” rating reaffirmed by analysts at J P Morgan Chase & Co. They now have a GBX 190 ($2.56) price target on the stock.
  • 12/12/2017 – Saga was downgraded by analysts at Goldman Sachs Group Inc to a “neutral” rating.
  • 12/7/2017 – Saga had its “buy” rating reaffirmed by analysts at Citigroup Inc.. They now have a GBX 187 ($2.52) price target on the stock.
  • 12/7/2017 – Saga had its price target lowered by analysts at J P Morgan Chase & Co from GBX 215 ($2.89) to GBX 190 ($2.56). They now have a “neutral” rating on the stock.
  • 12/7/2017 – Saga had its “outperform” rating reaffirmed by analysts at Royal Bank of Canada. They now have a GBX 250 ($3.36) price target on the stock.
  • 12/1/2017 – Saga is now covered by analysts at Royal Bank of Canada. They set an “outperform” rating and a GBX 250 ($3.36) price target on the stock.
  • 10/30/2017 – Saga had its “neutral” rating reaffirmed by analysts at J P Morgan Chase & Co. They now have a GBX 215 ($2.89) price target on the stock.
  • 10/24/2017 – Saga had its “neutral” rating reaffirmed by analysts at J P Morgan Chase & Co. They now have a GBX 215 ($2.89) price target on the stock.

Saga PLC (LON:SAGA) traded down GBX 3 ($0.04) during midday trading on Thursday, hitting GBX 124 ($1.67). The company had a trading volume of 9,602,570 shares, compared to its average volume of 3,970,000. Saga PLC has a 12 month low of GBX 126.40 ($1.70) and a 12 month high of GBX 216.13 ($2.91).

Saga (LON:SAGA) last released its quarterly earnings data on Friday, September 22nd. The company reported GBX 7.50 ($0.10) earnings per share for the quarter, beating the Thomson Reuters’ consensus estimate of GBX 7.30 ($0.10) by GBX 0.20 ($0.00). Saga had a return on equity of 13.77% and a net margin of 19.15%. The company had revenue of £435.40 million for the quarter.

The business also recently announced a dividend, which was paid on Friday, November 17th. Investors of record on Thursday, October 12th were given a dividend of GBX 3 ($0.04) per share. This represents a yield of 1.54%. The ex-dividend date of this dividend was Thursday, October 12th.

In related news, insider Lance Batchelor bought 71,997 shares of the stock in a transaction that occurred on Wednesday, December 6th. The stock was acquired at an average cost of GBX 138 ($1.86) per share, with a total value of £99,355.86 ($133,722.56). Also, insider Jonathan Hill bought 17,400 shares of the stock in a transaction that occurred on Monday, December 11th. The shares were bought at an average cost of GBX 133 ($1.79) per share, with a total value of £23,142 ($31,146.70). Over the last ninety days, insiders have purchased 89,556 shares of company stock valued at $12,279,747.

Saga plc is a provider of services for the customers aged 50 and over. The Company operates through three segments: Insurance, Travel, and Emerging Businesses and Central Costs. Insurance segment consists of general insurance products, such as Motor insurance, Home insurance and Other insurance. Travel segment primarily consists of the operation and delivery of package tours and cruise holiday products.

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