Saga PLC (SAGA) Earns Underweight Rating from JPMorgan Chase & Co.
JPMorgan Chase & Co. reaffirmed their underweight rating on shares of Saga PLC (LON:SAGA) in a research note published on Thursday morning. JPMorgan Chase & Co. currently has a GBX 190 ($2.48) target price on the stock.
A number of other research firms also recently weighed in on SAGA. Peel Hunt reiterated a buy rating and set a GBX 250 ($3.26) target price on shares of Saga PLC in a research report on Monday, August 1st. Canaccord Genuity reiterated a buy rating and set a GBX 240 ($3.13) target price on shares of Saga PLC in a research report on Wednesday, May 18th. Beaufort Securities reiterated a buy rating on shares of Saga PLC in a research report on Wednesday, June 22nd. Finally, Goldman Sachs Group Inc. reiterated a buy rating and set a GBX 245 ($3.20) target price on shares of Saga PLC in a research report on Wednesday, June 15th. One research analyst has rated the stock with a sell rating, two have issued a hold rating and four have issued a buy rating to the company’s stock. The stock has a consensus rating of Hold and an average target price of GBX 225.83 ($2.95).
Shares of Saga PLC (LON:SAGA) opened at 221.80 on Thursday. Saga PLC has a 12 month low of GBX 170.80 and a 12 month high of GBX 227.38. The company has a 50-day moving average price of GBX 217.27 and a 200-day moving average price of GBX 204.93. The firm’s market capitalization is GBX 2.47 billion.
In other news, insider Batchelor,Lance bought 149 shares of the company’s stock in a transaction on Thursday, July 21st. The stock was purchased at an average cost of GBX 201 ($2.62) per share, for a total transaction of £299.49 ($390.93). Also, insider Ni-Chionna,Orna bought 15,961 shares of the company’s stock in a transaction on Tuesday, June 28th. The stock was purchased at an average price of GBX 188 ($2.45) per share, with a total value of £30,006.68 ($39,168.10).
About Saga PLC
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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