Saga PLC (SAGA) Earns “Underweight” Rating from JPMorgan Chase & Co.
JPMorgan Chase & Co. reissued their underweight rating on shares of Saga PLC (LON:SAGA) in a report issued on Thursday morning. JPMorgan Chase & Co. currently has a GBX 190 ($2.48) target price on the stock.
A number of other research analysts also recently weighed in on SAGA. Peel Hunt reduced their target price on shares of Saga PLC from GBX 255 ($3.33) to GBX 250 ($3.26) and set a buy rating for the company in a research report on Thursday, May 26th. Goldman Sachs Group Inc. reissued a buy rating and set a GBX 245 ($3.20) target price on shares of Saga PLC in a research report on Wednesday, June 15th. Beaufort Securities reissued a buy rating on shares of Saga PLC in a research report on Wednesday, June 22nd. Finally, Canaccord Genuity reduced their target price on shares of Saga PLC from GBX 240 ($3.13) to GBX 225 ($2.94) and set a buy rating for the company in a research report on Monday, June 27th. One equities research analyst has rated the stock with a sell rating, two have given a hold rating and four have assigned a buy rating to the company’s stock. The stock presently has an average rating of Hold and a consensus target price of GBX 225.83 ($2.95).
Shares of Saga PLC (LON:SAGA) opened at 222.00 on Thursday. Saga PLC has a 1-year low of GBX 170.80 and a 1-year high of GBX 227.38. The firm’s market cap is GBX 2.47 billion. The firm has a 50 day moving average price of GBX 217.13 and a 200 day moving average price of GBX 204.61.
In other news, insider Batchelor,Lance purchased 149 shares of the business’s stock in a transaction on Thursday, July 21st. The stock was purchased at an average cost of GBX 201 ($2.62) per share, with a total value of £299.49 ($390.93). Also, insider Ni-Chionna,Orna purchased 15,961 shares of the business’s stock in a transaction on Tuesday, June 28th. The stock was purchased at an average cost of GBX 188 ($2.45) per share, with a total value of £30,006.68 ($39,168.10).
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.
Receive News & Ratings for Saga PLC Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Saga PLC and related companies with Analyst Ratings Network's FREE daily email newsletter.