Saga (SAGA) Receives Neutral Rating from Credit Suisse Group

Saga (LON:SAGA)‘s stock had its “neutral” rating restated by stock analysts at Credit Suisse Group in a report released on Monday.

SAGA has been the topic of a number of other reports. Royal Bank of Canada restated an “outperform” rating and issued a GBX 250 ($3.45) price target on shares of Saga in a research note on Thursday, December 7th. JPMorgan Chase & Co. restated a “neutral” rating and issued a GBX 190 ($2.63) price target on shares of Saga in a research note on Wednesday, December 13th. Goldman Sachs Group cut Saga to a “neutral” rating in a research note on Tuesday, December 12th. Peel Hunt restated a “buy” rating and issued a GBX 195 ($2.69) price target on shares of Saga in a research note on Monday, January 22nd. Finally, Citigroup restated a “buy” rating and issued a GBX 187 ($2.58) price target on shares of Saga in a research note on Thursday, December 7th. Five analysts have rated the stock with a hold rating and four have given a buy rating to the company’s stock. Saga currently has a consensus rating of “Hold” and a consensus target price of GBX 215.88 ($2.98).

Saga (LON:SAGA) traded up GBX 4.10 ($0.06) during trading on Monday, reaching GBX 115.90 ($1.60). The company’s stock had a trading volume of 3,313,955 shares, compared to its average volume of 4,520,000. Saga has a one year low of GBX 108 ($1.49) and a one year high of GBX 216.13 ($2.99). The firm has a market capitalization of $1,300.00 and a PE ratio of 827.86.

In related news, insider Lance Batchelor purchased 71,997 shares of the stock in a transaction that occurred on Wednesday, December 6th. The shares were purchased at an average price of GBX 138 ($1.91) per share, with a total value of £99,355.86 ($137,269.77). Also, insider Jonathan Hill purchased 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 ($1.84) per share, for a total transaction of £23,142 ($31,972.92). Insiders have bought 89,600 shares of company stock worth $12,279,900 in the last quarter.

TRADEMARK VIOLATION NOTICE: This news story was first published by American Banking News and is the property of of American Banking News. If you are viewing this news story on another publication, it was illegally stolen and republished in violation of U.S. & international copyright law. The legal version of this news story can be read at https://www.americanbankingnews.com/2018/02/12/saga-saga-receives-neutral-rating-from-credit-suisse-group.html.

Saga Company Profile

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.

Analyst Recommendations for Saga (LON:SAGA)

Receive News & Ratings for Saga Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Saga and related companies with MarketBeat.com's FREE daily email newsletter.

Leave a Reply