Stagecoach Group plc (LON:SGC) Given Consensus Rating of “Buy” by Brokerages

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Stagecoach Group plc (LON:SGC) has earned an average rating of “Buy” from the ten brokerages that are covering the stock, MarketBeat Ratings reports. One equities research analyst has rated the stock with a sell rating, three have assigned a hold rating and six have issued a buy rating on the company. The average 12-month price objective among brokers that have covered the stock in the last year is GBX 153.33 ($2.00).

Several research analysts have recently commented on SGC shares. Citigroup upgraded Stagecoach Group to a “buy” rating and reduced their target price for the stock from GBX 177 ($2.31) to GBX 155 ($2.03) in a research note on Friday, April 26th. JPMorgan Chase & Co. reissued a “neutral” rating on shares of Stagecoach Group in a report on Wednesday, May 15th. HSBC lifted their price target on Stagecoach Group from GBX 135 ($1.76) to GBX 140 ($1.83) and gave the stock a “hold” rating in a report on Tuesday, July 30th. Deutsche Bank reissued a “buy” rating on shares of Stagecoach Group in a report on Friday, July 12th. Finally, Liberum Capital raised Stagecoach Group to a “buy” rating in a report on Tuesday, July 2nd.

Shares of LON SGC traded up GBX 1.10 ($0.01) during midday trading on Tuesday, hitting GBX 128.20 ($1.68). 604,819 shares of the company’s stock were exchanged, compared to its average volume of 1,730,000. The company has a quick ratio of 0.59, a current ratio of 0.70 and a debt-to-equity ratio of 338.55. Stagecoach Group has a 12 month low of GBX 113.60 ($1.48) and a 12 month high of GBX 184.70 ($2.41). The business has a 50 day moving average of GBX 129.91. The company has a market capitalization of $716.28 million and a price-to-earnings ratio of 33.74.

The company also recently declared a dividend, which will be paid on Wednesday, October 2nd. Investors of record on Thursday, August 22nd will be issued a dividend of GBX 3.90 ($0.05) per share. This is a boost from Stagecoach Group’s previous dividend of $3.80. This represents a yield of 3.22%. The ex-dividend date is Thursday, August 22nd. Stagecoach Group’s dividend payout ratio (DPR) is presently 2.11%.

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 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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Analyst Recommendations for Stagecoach Group (LON:SGC)

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