Barclays PLC Cuts Stagecoach Group plc (SGC) Price Target to GBX 240
Stagecoach Group plc (LON:SGC) had its price objective decreased by Barclays PLC from GBX 255 ($3.33) to GBX 240 ($3.13) in a report released on Wednesday. Barclays PLC currently has an equal weight rating on the stock.
Other equities analysts have also recently issued reports about the stock. Deutsche Bank AG reiterated a buy rating and set a GBX 365 ($4.76) price objective on shares of Stagecoach Group plc in a research report on Thursday, June 30th. Shore Capital reiterated a buy rating on shares of Stagecoach Group plc in a research report on Wednesday, September 28th. Citigroup Inc. reiterated a buy rating on shares of Stagecoach Group plc in a research report on Tuesday, October 4th. Canaccord Genuity reiterated a hold rating and set a GBX 237 ($3.09) price objective on shares of Stagecoach Group plc in a research report on Wednesday, September 28th. Finally, Investec upgraded shares of Stagecoach Group plc to a hold rating and lowered their price objective for the stock from GBX 230 ($3.00) to GBX 220 ($2.87) in a research report on Thursday, September 29th. Two analysts have rated the stock with a sell rating, eight have issued a hold rating and four have issued a buy rating to the company. The stock currently has a consensus rating of Hold and a consensus price target of GBX 269 ($3.51).
Shares of Stagecoach Group plc (LON:SGC) opened at 202.30 on Wednesday. Stagecoach Group plc has a one year low of GBX 193.80 and a one year high of GBX 378.50. The company’s 50 day moving average is GBX 219.37 and its 200-day moving average is GBX 233.43. The firm’s market capitalization is GBX 1.16 billion.
Stagecoach Group plc Company Profile
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.
Receive News & Ratings for Stagecoach Group plc Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Stagecoach Group plc and related companies with MarketBeat.com's FREE daily email newsletter.