Stagecoach Group plc (LON:SGC) has been given a consensus rating of “Hold” by the twelve analysts that are currently covering the firm, Marketbeat.com reports. Three equities research analysts have rated the stock with a sell rating, five have given a hold rating and four have given a buy rating to the company. The average twelve-month price objective among brokerages that have covered the stock in the last year is GBX 200.22 ($2.61).
Several equities research analysts have issued reports on SGC shares. Barclays PLC restated an “equal weight” rating and set a GBX 195 ($2.54) price objective on shares of Stagecoach Group plc in a research report on Thursday, June 29th. Jefferies Group LLC cut their price objective on shares of Stagecoach Group plc from GBX 230 ($3.00) to GBX 190 ($2.47) and set a “hold” rating for the company in a research report on Monday, July 24th. Canaccord Genuity restated a “hold” rating and set a GBX 218 ($2.84) price objective on shares of Stagecoach Group plc in a research report on Wednesday, June 28th. Shore Capital downgraded shares of Stagecoach Group plc to a “hold” rating in a research report on Friday, July 7th. Finally, Royal Bank Of Canada lifted their price target on shares of Stagecoach Group plc from GBX 220 ($2.86) to GBX 225 ($2.93) and gave the company an “outperform” rating in a research report on Wednesday, July 5th.
Stagecoach Group plc (LON SGC) opened at 180.40 on Monday. The stock’s market cap is GBX 1.03 billion. Stagecoach Group plc has a 52-week low of GBX 174.60 and a 52-week high of GBX 232.93. The firm has a 50-day moving average price of GBX 185.14 and a 200 day moving average price of GBX 203.11.
The company also recently announced a dividend, which will be paid on Wednesday, October 4th. Investors of record on Thursday, August 31st will be issued a GBX 8.10 ($0.11) dividend. This is a positive change from Stagecoach Group plc’s previous dividend of $3.80. The ex-dividend date of this dividend is Thursday, August 31st. This represents a yield of 4.24%.
In other news, insider Martin Andrew Griffiths bought 15,000 shares of the company’s stock in a transaction that occurred on Wednesday, June 28th. The shares were acquired at an average price of GBX 192 ($2.50) per share, for a total transaction of £28,800 ($37,504.88). In the last 90 days, insiders purchased 30,232 shares of company stock worth $5,715,044.
Stagecoach Group plc Company Profile
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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