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.
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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