Stagecoach Group plc (LON:SGC) Insider Ross Paterson Acquires 83 Shares

Stagecoach Group plc (LON:SGC) insider Ross Paterson purchased 83 shares of the firm’s stock in a transaction dated Friday, December 1st. The stock was purchased at an average cost of GBX 179 ($2.39) per share, for a total transaction of £148.57 ($198.65).

Ross Paterson also recently made the following trade(s):

  • On Tuesday, October 3rd, Ross Paterson bought 86 shares of Stagecoach Group stock. The stock was bought at an average price of GBX 175 ($2.34) per share, with a total value of £150.50 ($201.23).

Shares of Stagecoach Group plc (LON SGC) traded up GBX 0.20 ($0.00) during midday trading on Friday, hitting GBX 164.70 ($2.20). 576,138 shares of the company’s stock were exchanged, compared to its average volume of 1,210,000. Stagecoach Group plc has a fifty-two week low of GBX 150.80 ($2.02) and a fifty-two week high of GBX 227.29 ($3.04). The company has a market capitalization of $944.30 and a P/E ratio of 2,745.00.

The company also recently declared a dividend, which will be paid on Wednesday, March 7th. Stockholders of record on Thursday, January 25th will be issued a dividend of GBX 3.80 ($0.05) per share. This represents a dividend yield of 2.24%. The ex-dividend date of this dividend is Thursday, January 25th.

Several research analysts recently issued reports on SGC shares. Shore Capital reiterated a “hold” rating on shares of Stagecoach Group in a research report on Wednesday, December 6th. HSBC restated a “buy” rating on shares of Stagecoach Group in a research report on Thursday, November 30th. JPMorgan Chase & Co. cut their price target on shares of Stagecoach Group from GBX 149 ($1.99) to GBX 131 ($1.75) and set an “underweight” rating for the company in a research report on Friday, October 13th. restated a “hold” rating and set a GBX 160 ($2.14) price target on shares of Stagecoach Group in a research report on Friday, November 3rd. Finally, Liberum Capital restated a “hold” rating and set a GBX 155 ($2.07) price target on shares of Stagecoach Group in a research report on Thursday, September 28th. Seven research analysts have rated the stock with a hold rating and four have assigned a buy rating to the company’s stock. The stock has an average rating of “Hold” and an average price target of GBX 185 ($2.47).

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Stagecoach Group 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.

Insider Buying and Selling by Quarter for Stagecoach Group (LON:SGC)

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