Stagecoach Group plc (SGC) Upgraded at Investec
Investec upgraded shares of Stagecoach Group plc (LON:SGC) to a hold rating in a research note released on Thursday morning. They currently have GBX 220 ($2.87) price objective on the stock, down from their prior price objective of GBX 230 ($3.00).
Several other equities research analysts also recently weighed in on SGC. JPMorgan Chase & Co. reaffirmed a neutral rating on shares of Stagecoach Group plc in a report on Thursday, June 30th. Canaccord Genuity reissued a hold rating and issued a GBX 237 ($3.09) price target on shares of Stagecoach Group plc in a report on Wednesday, September 28th. Shore Capital reissued a buy rating on shares of Stagecoach Group plc in a report on Wednesday, September 28th. Royal Bank Of Canada cut their price target on shares of Stagecoach Group plc from GBX 280 ($3.65) to GBX 240 ($3.13) and set a sector performer rating for the company in a report on Thursday, September 1st. Finally, Liberum Capital reissued a hold rating and issued a GBX 225 ($2.94) price target on shares of Stagecoach Group plc in a report on Wednesday, September 28th. Two equities research analysts have rated the stock with a sell rating, eight have assigned a hold rating and four have given a buy rating to the company’s stock. The stock currently has an average rating of Hold and a consensus price target of GBX 274 ($3.58).
Shares of Stagecoach Group plc (LON:SGC) opened at 217.20 on Thursday. The stock’s market capitalization is GBX 1.25 billion. The stock’s 50 day moving average is GBX 220.20 and its 200-day moving average is GBX 234.53. Stagecoach Group plc has a one year low of GBX 193.80 and a one year high of GBX 378.50.
About Stagecoach Group plc
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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