Stagecoach Group (SGC) Raised to Neutral at J P Morgan Chase & Co
J P Morgan Chase & Co upgraded shares of Stagecoach Group (LON:SGC) to a neutral rating in a research report sent to investors on Thursday morning. The brokerage currently has GBX 174 ($2.34) target price on the stock, up from their prior target price of GBX 131 ($1.76).
SGC has been the topic of a number of other reports. Shore Capital reaffirmed a hold rating on shares of Stagecoach Group in a research report on Wednesday. HSBC reaffirmed a buy rating on shares of Stagecoach Group in a research report on Thursday, November 30th. Liberum Capital reaffirmed a hold rating and issued a GBX 155 ($2.09) target price on shares of Stagecoach Group in a research report on Thursday, September 28th. reaffirmed a hold rating and issued a GBX 160 ($2.15) target price on shares of Stagecoach Group in a research report on Friday, November 3rd. Finally, Deutsche Bank reduced their target price on shares of Stagecoach Group from GBX 220 ($2.96) to GBX 210 ($2.83) and set a buy rating on the stock in a research report on Friday, November 17th. Seven equities research analysts have rated the stock with a hold rating and four have assigned a buy rating to the stock. Stagecoach Group has a consensus rating of Hold and an average price target of GBX 186.20 ($2.51).
Shares of Stagecoach Group (LON SGC) opened at GBX 172.61 ($2.32) on Thursday. Stagecoach Group has a 1 year low of GBX 150.80 ($2.03) and a 1 year high of GBX 227.29 ($3.06).
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About Stagecoach Group
Stagecoach Group plc is a United Kingdom-based transport company. The Company is engaged in the sale and operation of passenger transport. The Company operates in five segments: UK Bus (regional operations), megabus Europe, UK Bus (London), North America and UK Rail. UK Bus (regional operations) connects communities in over 100 towns and cities across the United Kingdom on bus networks stretching from the Highlands of Scotland to south west England.
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