Stagecoach Group (SGC) Price Target Cut to GBX 205
Stagecoach Group (LON:SGC) had its target price reduced by investment analysts at Deutsche Bank from GBX 210 ($2.94) to GBX 205 ($2.87) in a note issued to investors on Tuesday. The firm currently has a “buy” rating on the stock. Deutsche Bank’s price objective would indicate a potential upside of 46.74% from the company’s previous close.
Other research analysts have also recently issued research reports about the company. Liberum Capital reaffirmed a “buy” rating and issued a GBX 185 ($2.59) price target on shares of Stagecoach Group in a report on Tuesday. HSBC reiterated a “buy” rating on shares of Stagecoach Group in a research report on Thursday, November 30th. Shore Capital reiterated a “hold” rating on shares of Stagecoach Group in a research report on Wednesday, December 6th. reiterated a “hold” rating and set a GBX 160 ($2.24) price objective on shares of Stagecoach Group in a research report on Friday, November 3rd. Finally, reiterated a “hold” rating and set a GBX 160 ($2.24) price objective on shares of Stagecoach Group in a research report on Friday, November 3rd. Five research analysts have rated the stock with a hold rating and six have given a buy rating to the company’s stock. Stagecoach Group presently has a consensus rating of “Buy” and a consensus price target of GBX 180.20 ($2.53).
Stagecoach Group (SGC) opened at GBX 139.70 ($1.96) on Tuesday. The stock has a market capitalization of $800.96 and a price-to-earnings ratio of 2,328.33. Stagecoach Group has a twelve month low of GBX 124.40 ($1.74) and a twelve month high of GBX 221.40 ($3.10).
About Stagecoach Group
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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