Stagecoach Group (LON:SGC) had its target price dropped by stock analysts at Liberum Capital from GBX 165 ($2.16) to GBX 135 ($1.76) in a research report issued to clients and investors on Tuesday, ThisIsMoney.Co.Uk reports. The brokerage currently has a “hold” rating on the stock. Liberum Capital’s price target indicates a potential upside of 8.43% from the company’s current price.
A number of other brokerages have also weighed in on SGC. Jefferies Financial Group lowered their target price on Stagecoach Group from GBX 150 ($1.96) to GBX 145 ($1.89) and set a “hold” rating for the company in a research note on Wednesday, March 6th. Canaccord Genuity restated a “hold” rating and issued a GBX 150 ($1.96) target price on shares of Stagecoach Group in a research note on Wednesday, April 3rd. Bank of America raised their target price on Stagecoach Group from GBX 160 ($2.09) to GBX 190 ($2.48) and gave the company an “outperform” rating in a research note on Wednesday, April 3rd. HSBC raised their target price on Stagecoach Group from GBX 145 ($1.89) to GBX 165 ($2.16) and gave the company a “hold” rating in a research note on Friday, February 15th. Finally, Royal Bank of Canada raised their target price on Stagecoach Group from GBX 160 ($2.09) to GBX 190 ($2.48) and gave the company an “outperform” rating in a research note on Wednesday, April 3rd. One research analyst has rated the stock with a sell rating, four have issued a hold rating and five have given a buy rating to the stock. Stagecoach Group presently has a consensus rating of “Hold” and a consensus target price of GBX 150.56 ($1.97).
Shares of LON:SGC opened at GBX 124.50 ($1.63) on Tuesday. Stagecoach Group has a twelve month low of GBX 113.90 ($1.49) and a twelve month high of GBX 184.70 ($2.41). The firm has a market capitalization of $707.31 million and a PE ratio of -18.04. 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 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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