Stagecoach Group (SGC) Reaches New 1-Year Low at $147.60

Shares of Stagecoach Group plc (LON:SGC) hit a new 52-week low on Friday . The stock traded as low as GBX 147.60 ($2.07) and last traded at GBX 147.60 ($2.07), with a volume of 971249 shares. The stock had previously closed at GBX 147.60 ($2.07).

SGC has been the topic of several analyst reports. Liberum Capital boosted their price objective on shares of Stagecoach Group from GBX 170 ($2.39) to GBX 185 ($2.60) and gave the stock a “buy” rating in a research note on Thursday, December 14th. Deutsche Bank reduced their price objective on shares of Stagecoach Group from GBX 220 ($3.09) to GBX 210 ($2.95) and set a “buy” rating on the stock in a research note on Friday, November 17th. JPMorgan Chase & Co. reduced their price objective on shares of Stagecoach Group from GBX 149 ($2.09) to GBX 131 ($1.84) and set an “underweight” rating on the stock in a research note on Friday, October 13th. Canaccord Genuity boosted their price objective on shares of Stagecoach Group from GBX 176 ($2.47) to GBX 191 ($2.68) and gave the stock a “hold” rating in a research note on Friday, December 8th. Finally, reissued a “hold” rating and issued a GBX 160 ($2.25) price objective on shares of Stagecoach Group in a research note on Friday, November 3rd. Seven equities research analysts have rated the stock with a hold rating and four have issued a buy rating to the stock. The stock currently has a consensus rating of “Hold” and an average target price of GBX 185 ($2.60).

The stock has a market capitalization of $846.25 and a PE ratio of 2,460.00.

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

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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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