Other research analysts have also recently issued reports about the company. Deutsche Bank AG reduced their price objective on Stagecoach Group plc from GBX 365 ($4.76) to GBX 250 ($3.26) and set a buy rating for the company in a research note on Wednesday, September 21st. Shore Capital reiterated a buy rating on shares of Stagecoach Group plc in a research report on Wednesday, September 28th. Barclays PLC reduced their price target on Stagecoach Group plc from GBX 308 ($4.02) to GBX 255 ($3.33) and set an equal weight rating for the company in a research report 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 report on Wednesday, September 28th. Finally, Investec upgraded Stagecoach Group plc to a hold rating and reduced their price target for the company from GBX 230 ($3.00) to GBX 220 ($2.87) in a research report on Thursday, September 29th. Two equities research analysts have rated the stock with a sell rating, eight have assigned a hold rating and four have assigned a buy rating to the company. The stock currently has an average rating of Hold and an average price target of GBX 269 ($3.51).
Shares of Stagecoach Group plc (LON:SGC) opened at 202.30 on Tuesday. The stock’s 50 day moving average price is GBX 219.37 and its 200 day moving average price is GBX 233.43. Stagecoach Group plc has a one year low of GBX 193.80 and a one year high of GBX 378.50. The stock’s market capitalization is GBX 1.16 billion.
About Stagecoach Group plc
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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