Stagecoach Group plc (SGC) Receives Consensus Rating of “Hold” from Brokerages
Stagecoach Group plc (LON:SGC) has been given a consensus rating of “Hold” by the eleven brokerages that are covering the firm, Marketbeat Ratings reports. Seven analysts have rated the stock with a hold rating and four have given a buy rating to the company. The average 1-year target price among brokerages that have updated their coverage on the stock in the last year is GBX 187.78 ($2.55).
A number of research firms recently weighed in on SGC. HSBC restated a “buy” rating on shares of Stagecoach Group in a research report on Thursday, November 30th. Deutsche Bank restated a “buy” rating and issued a GBX 210 ($2.85) target price on shares of Stagecoach Group in a research report on Thursday, November 30th. JPMorgan Chase & Co. upgraded Stagecoach Group to a “neutral” rating and boosted their target price for the stock from GBX 131 ($1.78) to GBX 174 ($2.36) in a research report on Thursday, December 7th. Shore Capital restated a “hold” rating on shares of Stagecoach Group in a research report on Wednesday, December 6th. Finally, Liberum Capital restated a “buy” rating and issued a GBX 170 ($2.31) target price on shares of Stagecoach Group in a research report on Wednesday, December 6th.
Stagecoach Group (SGC) traded up GBX 0.70 ($0.01) during trading hours on Monday, reaching GBX 167.20 ($2.27). The company had a trading volume of 948,903 shares, compared to its average volume of 1,240,000. The company has a market cap of $960.92 and a P/E ratio of 2,786.67. Stagecoach Group has a one year low of GBX 150.80 ($2.05) and a one year high of GBX 227.29 ($3.08).
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About Stagecoach Group
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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