Saga PLC (SAGA) Earns “Underweight” Rating from JPMorgan Chase & Co.
JPMorgan Chase & Co. reiterated their underweight rating on shares of Saga PLC (LON:SAGA) in a research report sent to investors on Thursday morning. They currently have a GBX 190 ($2.48) target price on the stock.
Other research analysts have also issued reports about the company. Peel Hunt reiterated a buy rating and issued a GBX 250 ($3.26) price objective on shares of Saga PLC in a research report on Monday, August 1st. Canaccord Genuity decreased their price objective on Saga PLC from GBX 240 ($3.13) to GBX 225 ($2.94) and set a buy rating on the stock in a research report on Monday, June 27th. Beaufort Securities reiterated a buy rating on shares of Saga PLC in a research report on Wednesday, June 22nd. Finally, Goldman Sachs Group Inc. reiterated a buy rating and issued a GBX 245 ($3.20) price objective on shares of Saga PLC in a research report on Wednesday, June 15th. One equities research analyst has rated the stock with a sell rating, two have issued a hold rating and four have assigned a buy rating to the company’s stock. The stock has an average rating of Hold and a consensus price target of GBX 225.83 ($2.95).
Saga PLC (LON:SAGA) opened at 222.00 on Thursday. Saga PLC has a 52 week low of GBX 170.80 and a 52 week high of GBX 227.38. The firm has a 50-day moving average price of GBX 217.13 and a 200-day moving average price of GBX 204.61. The stock’s market cap is GBX 2.47 billion.
In other news, insider Ni-Chionna,Orna purchased 15,961 shares of the company’s stock in a transaction on Tuesday, June 28th. The shares were purchased at an average price of GBX 188 ($2.45) per share, with a total value of £30,006.68 ($39,168.10). Also, insider Batchelor,Lance purchased 149 shares of the company’s stock in a transaction on Thursday, July 21st. The stock was purchased at an average cost of GBX 201 ($2.62) per share, for a total transaction of £299.49 ($390.93).
Saga PLC Company Profile
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.