Saga’s (SAGA) “Buy” Rating Reiterated at Berenberg Bank

Berenberg Bank reiterated their buy rating on shares of Saga (LON:SAGA) in a research report released on Thursday morning,Digital Look reports. They currently have a GBX 1,025 price objective on the stock.

Separately, Deutsche Bank Aktiengesellschaft reiterated a “buy” rating and set a GBX 795 price objective on shares of Saga in a report on Friday, August 21st. Two research analysts have rated the stock with a Buy rating, Based on data from MarketBeat.com, Saga currently has a consensus rating of “Buy” and an average price target of GBX 910.

Saga Stock Performance

SAGA stock opened at GBX 604 on Thursday. Saga has a fifty-two week low of GBX 208 and a fifty-two week high of GBX 747. The company has a quick ratio of 0.67, a current ratio of 1.35 and a debt-to-equity ratio of 934.58. The company has a market capitalization of £878.16 million, a P/E ratio of 251.67, a PEG ratio of 1.22 and a beta of 2.02. The company has a 50-day simple moving average of GBX 657.65 and a 200 day simple moving average of GBX 590.90.

Insider Activity at Saga

In other Saga news, insider Mark Watkins sold 30,205 shares of the business’s stock in a transaction that occurred on Friday, July 3rd. The shares were sold at an average price of GBX 670, for a total value of £202,373.50. Also, insider Mike Hazell purchased 276 shares of the company’s stock in a transaction dated Wednesday, July 15th. The shares were acquired at an average price of GBX 652 per share, for a total transaction of £1,799.52. 30.38% of the stock is currently owned by company insiders.

Saga Company Profile

Saga exists to deliver exceptional experiences for our customers every day, whilst being a driver of positive change in our markets and communities.