Stagecoach Group (SGC) Given “Outperform” Rating at Royal Bank of Canada
Royal Bank of Canada reissued their outperform rating on shares of Stagecoach Group (LON:SGC) in a research report report published on Wednesday, ThisIsMoney.Co.Uk reports. The firm currently has a GBX 160 ($2.09) price target on the stock, down from their previous price target of GBX 190 ($2.48).
Several other analysts also recently commented on SGC. HSBC downgraded shares of Stagecoach Group to a hold rating and lowered their target price for the company from GBX 170 ($2.22) to GBX 145 ($1.89) in a report on Tuesday, December 18th. Canaccord Genuity decreased their price objective on shares of Stagecoach Group from GBX 171 ($2.23) to GBX 150 ($1.96) and set a hold rating for the company in a report on Tuesday, December 18th. Liberum Capital decreased their price objective on shares of Stagecoach Group from GBX 185 ($2.42) to GBX 180 ($2.35) and set a buy rating for the company in a report on Thursday, December 20th. Deutsche Bank decreased their price objective on shares of Stagecoach Group from GBX 205 ($2.68) to GBX 170 ($2.22) and set a buy rating for the company in a report on Tuesday, January 15th. Finally, Jefferies Financial Group decreased their price objective on shares of Stagecoach Group from GBX 150 ($1.96) to GBX 145 ($1.89) and set a hold rating for the company in a report on Wednesday, March 6th. One investment analyst has rated the stock with a sell rating, five have given a hold rating and five have issued a buy rating to the company. The company presently has an average rating of Hold and an average target price of GBX 155.67 ($2.03).
Shares of SGC stock opened at GBX 122 ($1.59) on Wednesday. The stock has a market capitalization of $692.15 million and a PE ratio of -17.68. The company has a debt-to-equity ratio of 366.82, a current ratio of 0.73 and a quick ratio of 0.64. Stagecoach Group has a one year low of GBX 124.30 ($1.62) and a one year high of GBX 184.70 ($2.41).
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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