Brokerages Set Stagecoach Group (SGC) PT at $183.70

Stagecoach Group (LON:SGC) has been assigned a consensus recommendation of “Buy” from the eleven analysts that are covering the firm, Marketbeat.com reports. Five equities research analysts have rated the stock with a hold recommendation and six have given a buy recommendation to the company. The average twelve-month target price among brokers that have updated their coverage on the stock in the last year is GBX 183.70 ($2.63).

SGC has been the topic of a number of research analyst reports. Canaccord Genuity raised shares of Stagecoach Group to a “buy” rating and reduced their price target for the company from GBX 191 ($2.73) to GBX 171 ($2.45) in a research note on Wednesday, February 7th. Shore Capital raised shares of Stagecoach Group to a “buy” rating in a research note on Tuesday, February 6th. Deutsche Bank reduced their price target on shares of Stagecoach Group from GBX 210 ($3.01) to GBX 205 ($2.94) and set a “buy” rating on the stock in a research note on Tuesday, February 6th. Liberum Capital reissued a “buy” rating and issued a GBX 185 ($2.65) price target on shares of Stagecoach Group in a research note on Tuesday, February 6th. Finally, HSBC reissued a “buy” rating and issued a GBX 195 ($2.79) price target on shares of Stagecoach Group in a research note on Monday, March 19th.

Stagecoach Group stock opened at GBX 157.40 ($2.25) on Wednesday. Stagecoach Group has a 1 year low of GBX 124.40 ($1.78) and a 1 year high of GBX 217.60 ($3.12).

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About Stagecoach Group

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 four segments: UK Bus (Regional Operations), UK Bus (London), North America, and UK Rail. The company offers bus, coach, train, and tram services.

Analyst Recommendations for Stagecoach Group (LON:SGC)

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