Peel Hunt Reaffirms Buy Rating for Saga (LON:SAGA)
Saga (LON:SAGA)‘s stock had its “buy” rating reiterated by stock analysts at Peel Hunt in a research report issued to clients and investors on Tuesday, Digital Look reports. They presently have a GBX 110 ($1.44) price objective on the stock. Peel Hunt’s price target would suggest a potential upside of 188.41% from the company’s current price.
Other analysts also recently issued reports about the company. Numis Securities reiterated a “buy” rating on shares of Saga in a research report on Thursday, April 4th. UBS Group reiterated a “buy” rating and set a GBX 150 ($1.96) target price on shares of Saga in a research report on Thursday, April 4th. Investec restated a “hold” rating and set a GBX 107 ($1.40) price objective on shares of Saga in a research report on Thursday, April 4th. JPMorgan Chase & Co. upgraded Saga to a “neutral” rating in a research report on Wednesday, April 24th. Finally, Shore Capital restated a “not rated” rating on shares of Saga in a research report on Thursday, April 4th. Three equities research analysts have rated the stock with a hold rating and two have issued a buy rating to the company’s stock. Saga currently has an average rating of “Hold” and a consensus price target of GBX 116.40 ($1.52).
LON:SAGA opened at GBX 38.14 ($0.50) on Tuesday. The firm has a market cap of $427.79 million and a PE ratio of -2.63. The company has a quick ratio of 0.25, a current ratio of 0.91 and a debt-to-equity ratio of 46.14. Saga has a fifty-two week low of GBX 40.62 ($0.53) and a fifty-two week high of GBX 141.20 ($1.85).
Saga plc engages in insurance, travel, personal finance, healthcare, retirement villages, and media businesses in the United Kingdom. The company operates in three segments: Insurance, Travel, and Emerging Businesses and Central Costs. It offers car, caravan, motorhome, breakdown cover, home, landlord, holiday home, home emergency, pet, travel, boat, health, personal accident, and life insurance, as well as accidental death benefit products.
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