Stagecoach Group plc (LON:SGC) Given Average Rating of “Buy” by Analysts
Shares of Stagecoach Group plc (LON:SGC) have been given a consensus rating of “Buy” by the ten analysts that are currently covering the company, Marketbeat reports. One research analyst has rated the stock with a sell recommendation, three have given a hold recommendation and six have issued a buy recommendation on the company. The average twelve-month target price among brokerages that have issued ratings on the stock in the last year is GBX 153.33 ($2.00).
A number of brokerages have commented on SGC. Canaccord Genuity reaffirmed a “hold” rating and issued a GBX 150 ($1.96) price target on shares of Stagecoach Group in a research note on Friday, October 25th. Liberum Capital reaffirmed a “buy” rating on shares of Stagecoach Group in a research note on Thursday, October 3rd. Finally, HSBC lifted their price target on Stagecoach Group from GBX 135 ($1.76) to GBX 140 ($1.83) and gave the stock a “hold” rating in a research note on Tuesday, July 30th.
In other Stagecoach Group news, insider Karen Thomson bought 11,071 shares of Stagecoach Group stock in a transaction dated Friday, September 13th. The shares were purchased at an average cost of GBX 132 ($1.72) per share, with a total value of £14,613.72 ($19,095.41).
About Stagecoach Group
Stagecoach Group plc, together with its subsidiaries, provides public transportation services in the United Kingdom, mainland Europe, the United States, and Canada. It operates through five segments: UK Bus (Regional Operations), megabus Europe, UK Bus (London), North America, and UK Rail. The company offers bus, coach, train, and tram services.
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