Stagecoach Group (SGC) Upgraded at Canaccord Genuity

Canaccord Genuity upgraded shares of Stagecoach Group (LON:SGC) to a buy rating in a report issued on Wednesday, February 7th. Canaccord Genuity currently has GBX 171 ($2.36) price target on the stock, down from their previous price target of GBX 191 ($2.64).

Several other analysts also recently weighed in on the stock. JPMorgan Chase & Co. decreased their price target on shares of Stagecoach Group from GBX 174 ($2.40) to GBX 151 ($2.09) and set a neutral rating for the company 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 objective on shares of Stagecoach Group from GBX 210 ($2.90) to GBX 205 ($2.83) and set a buy rating for the company in a research note on Tuesday, February 6th. Liberum Capital reaffirmed a buy rating and set a GBX 185 ($2.56) price target on shares of Stagecoach Group in a research report on Tuesday, February 6th. Finally, HSBC reissued a buy rating on shares of Stagecoach Group in a report on Thursday, November 30th. Five investment analysts have rated the stock with a hold rating and six have issued a buy rating to the company. The stock has a consensus rating of Buy and an average price target of GBX 180.20 ($2.49).

Stagecoach Group (LON SGC) opened at GBX 137.80 ($1.90) on Wednesday. Stagecoach Group has a 12-month low of GBX 124.40 ($1.72) and a 12-month high of GBX 217.60 ($3.01). The stock has a market capitalization of $790.07 and a P/E ratio of 2,296.67.

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

Analyst Recommendations for Stagecoach Group (LON:SGC)

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