Investec upgraded shares of Stagecoach Group plc (LON:SGC) to a hold rating in a research report sent to investors on Thursday. The brokerage currently has GBX 220 ($2.87) price objective on the stock, down from their previous price objective of GBX 230 ($3.00).
Other equities research analysts also recently issued research reports about the stock. Deutsche Bank AG cut their target price on shares of Stagecoach Group plc from GBX 365 ($4.76) to GBX 250 ($3.26) and set a buy rating for the company in a research report on Wednesday, September 21st. Shore Capital reiterated a buy rating on shares of Stagecoach Group plc in a research note on Wednesday, September 28th. Barclays PLC dropped their price target on shares of Stagecoach Group plc from GBX 308 ($4.02) to GBX 255 ($3.33) and set an equal weight rating on the stock in a research note on Thursday, July 7th. Canaccord Genuity reiterated a hold rating and set a GBX 237 ($3.09) price target on shares of Stagecoach Group plc in a research note on Wednesday, September 28th. Finally, Liberum Capital reiterated a hold rating and set a GBX 225 ($2.94) price target on shares of Stagecoach Group plc in a research note on Wednesday, September 28th. Two equities research analysts have rated the stock with a sell rating, eight have assigned a hold rating and four have given a buy rating to the company’s stock. Stagecoach Group plc currently has an average rating of Hold and an average price target of GBX 269 ($3.51).
Stagecoach Group plc (LON:SGC) opened at 210.60 on Thursday. The company has a 50-day moving average price of GBX 220.09 and a 200-day moving average price of GBX 234.22. Stagecoach Group plc has a 1-year low of GBX 193.80 and a 1-year high of GBX 378.50. The company’s market cap is GBX 1.21 billion.
Stagecoach Group plc Company Profile
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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