Saga (LON:SAGA) Price Target Raised to GBX 855

Saga (LON:SAGA) had its price target lifted by Deutsche Bank Aktiengesellschaft from GBX 795 to GBX 855 in a research report report published on Thursday,Digital Look reports. The firm currently has a buy rating on the stock.

Separately, Berenberg Bank lifted their target price on Saga from GBX 1,025 to GBX 1,130 and gave the company a “buy” rating in a research note on Wednesday. Two research analysts have rated the stock with a Buy rating, Based on data from MarketBeat, the company has a consensus rating of “Buy” and a consensus price target of GBX 992.50.

Saga Stock Performance

Shares of Saga stock opened at GBX 761 on Thursday. The company has a debt-to-equity ratio of 503.16, a current ratio of 0.91 and a quick ratio of 0.67. The firm has a market cap of £1.11 billion, a P/E ratio of 317.08, a P/E/G ratio of 1.22 and a beta of 2.02. The firm has a 50 day simple moving average of GBX 660.47 and a 200 day simple moving average of GBX 602.19. Saga has a fifty-two week low of GBX 237 and a fifty-two week high of GBX 797.

Saga (LON:SAGA) last posted its quarterly earnings data on Wednesday, September 30th. The company reported GBX 20.50 earnings per share (EPS) for the quarter. Saga had a return on equity of 23.50% and a net margin of 3.25%. Sell-side analysts predict that Saga will post 34.7826087 earnings per share for the current fiscal year.

Insider Activity

In other Saga news, insider Mike Hazell purchased 276 shares of the company’s stock in a transaction that occurred on Wednesday, July 15th. The stock was acquired at an average cost of GBX 652 per share, with a total value of £1,799.52. Also, insider Mark Watkins acquired 276 shares of the business’s stock in a transaction that occurred on Wednesday, July 15th. The stock was 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.

About Saga

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