Stagecoach Group (LON:SGC) had its price objective reduced by Deutsche Bank from GBX 220 ($2.96) to GBX 210 ($2.83) in a research report sent to investors on Friday, November 17th, MarketBeat reports. They currently have a buy rating on the stock.
Several other research firms have also recently weighed in on SGC. restated a hold rating and set a GBX 160 ($2.15) price target on shares of Stagecoach Group in a research note on Friday, November 3rd. HSBC reiterated a hold rating and issued a GBX 160 ($2.15) price objective on shares of Stagecoach Group in a research note on Friday, November 3rd. Liberum Capital reiterated a hold rating and issued a GBX 155 ($2.09) price objective on shares of Stagecoach Group in a research note on Thursday, September 28th. Shore Capital reiterated a hold rating on shares of Stagecoach Group in a research note on Thursday, September 28th. Finally, reiterated a hold rating and issued a GBX 160 ($2.15) price objective on shares of Stagecoach Group in a research note on Friday, November 3rd. One analyst has rated the stock with a sell rating, seven have issued a hold rating and three have assigned a buy rating to the company’s stock. The company presently has a consensus rating of Hold and an average price target of GBX 181.90 ($2.45).
Stagecoach Group (SGC) traded down GBX 6.10 ($0.08) on Friday, reaching GBX 176.40 ($2.37). The company had a trading volume of 975,177 shares, compared to its average volume of 1,200,000. Stagecoach Group has a 52-week low of GBX 150.80 ($2.03) and a 52-week high of GBX 227.29 ($3.06).
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About Stagecoach Group
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.
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