Shares of Saga PLC (LON:SAGA) have received a consensus recommendation of “Buy” from the eight research firms that are covering the stock, Marketbeat reports. Four analysts have rated the stock with a hold rating and four have assigned a buy rating to the company. The average 12 month price target among analysts that have issued ratings on the stock in the last year is GBX 229.29 ($2.99).
A number of research firms have commented on SAGA. Peel Hunt restated a “buy” rating and issued a GBX 250 ($3.26) target price on shares of Saga PLC in a research report on Friday, August 4th. Credit Suisse Group lifted their target price on Saga PLC from GBX 200 ($2.60) to GBX 220 ($2.86) and gave the company a “neutral” rating in a research report on Wednesday, July 12th. Goldman Sachs Group, Inc. (The) lifted their target price on Saga PLC from GBX 220 ($2.86) to GBX 230 ($3.00) and gave the company a “buy” rating in a research report on Tuesday, July 4th. Finally, J P Morgan Chase & Co reiterated a “neutral” rating and issued a GBX 215 ($2.80) price objective on shares of Saga PLC in a report on Wednesday, May 3rd.
Saga PLC (LON:SAGA) opened at 200.20 on Friday. The company’s 50-day moving average is GBX 207.60 and its 200 day moving average is GBX 201.52. The company’s market cap is GBX 2.23 billion. Saga PLC has a 52-week low of GBX 180.30 and a 52-week high of GBX 227.38.
In related news, insider Lance Batchelor bought 146 shares of the stock in a transaction that occurred on Wednesday, July 12th. The stock was purchased at an average cost of GBX 205 ($2.67) per share, with a total value of £299.30 ($389.76). Insiders have purchased a total of 364 shares of company stock valued at $74,836 over the last three months.
About Saga PLC
Saga plc is a provider of services for the customers aged 50 and over. The Company operates through three segments: Insurance, Travel, and Emerging Businesses and Central Costs. Insurance segment consists of general insurance products, such as Motor insurance, Home insurance and Other insurance. Travel segment primarily consists of the operation and delivery of package tours and cruise holiday products.
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