Saga PLC (SAGA) Receives “Buy” Rating from Peel Hunt
Several other research analysts also recently commented on the company. Goldman Sachs Group, Inc. (The) reissued a buy rating on shares of Saga PLC in a research note on Thursday, April 20th. J P Morgan Chase & Co reaffirmed a neutral rating and issued a GBX 215 ($2.80) target price on shares of Saga PLC in a research note on Wednesday, May 3rd. Finally, Credit Suisse Group raised their target price on Saga PLC from GBX 200 ($2.60) to GBX 220 ($2.86) and gave the stock a neutral rating in a research note on Wednesday, July 12th. Four investment analysts have rated the stock with a hold rating and four have assigned a buy rating to the company’s stock. The stock presently has a consensus rating of Buy and an average target price of GBX 229.29 ($2.99).
Shares of Saga PLC (SAGA) opened at 209.40 on Friday. The company’s market cap is GBX 2.33 billion. Saga PLC has a 12 month low of GBX 180.30 and a 12 month high of GBX 227.38. The company has a 50-day moving average of GBX 207.18 and a 200 day moving average of GBX 201.12.
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In other Saga PLC news, insider Lance Batchelor acquired 146 shares of the business’s stock in a transaction that occurred on Wednesday, July 12th. The stock was purchased at an average cost of GBX 205 ($2.67) per share, with a total value of £299.30 ($389.76). Insiders acquired a total of 364 shares of company stock valued at $74,836 over the last ninety days.
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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