Shares of Stagecoach Group plc (LON:SGC) have been assigned a consensus rating of “Hold” from the twelve research firms that are presently covering the firm. Three equities research analysts have rated the stock with a sell recommendation, six have given a hold recommendation and three have assigned a buy recommendation to the company. The average 1 year target price among brokers that have issued ratings on the stock in the last year is GBX 217.67 ($2.81).
A number of equities analysts have weighed in on the stock. HSBC Holdings plc lowered shares of Stagecoach Group plc to a “reduce” rating and cut their target price for the stock from GBX 205 ($2.65) to GBX 200 ($2.58) in a research report on Friday, April 28th. Liberum Capital reiterated a “sell” rating and set a GBX 185 ($2.39) target price on shares of Stagecoach Group plc in a research report on Tuesday, April 25th. Shore Capital reiterated a “buy” rating on shares of Stagecoach Group plc in a research report on Wednesday, March 29th. JPMorgan Chase & Co. increased their target price on shares of Stagecoach Group plc from GBX 165 ($2.13) to GBX 166 ($2.14) and gave the stock an “underweight” rating in a research report on Thursday, March 30th. Finally, Canaccord Genuity reiterated a “hold” rating and set a GBX 218 ($2.81) target price on shares of Stagecoach Group plc in a research report on Thursday, March 30th.
Shares of Stagecoach Group plc (LON:SGC) traded up 0.67% on Monday, hitting GBX 209.60. 1,297,763 shares of the stock were exchanged. Stagecoach Group plc has a 1-year low of GBX 193.80 and a 1-year high of GBX 356.40. The stock’s market cap is GBX 1.20 billion. The stock’s 50-day moving average is GBX 207.01 and its 200-day moving average is GBX 208.40.
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.