Stagecoach Group (SGC) Receives Buy Rating from Deutsche Bank

Deutsche Bank reiterated their buy rating on shares of Stagecoach Group (LON:SGC) in a research note published on Thursday morning. Deutsche Bank currently has a GBX 210 ($2.81) target price on the stock.

Several other equities analysts have also weighed in on SGC. Liberum Capital raised shares of Stagecoach Group to a hold rating and set a GBX 155 ($2.08) price objective on the stock in a research report on Tuesday, September 19th. raised shares of Stagecoach Group to a hold rating and set a GBX 160 ($2.14) price objective on the stock in a research report on Wednesday, September 20th. Shore Capital reaffirmed a hold rating on shares of Stagecoach Group in a research report on Thursday, September 28th. J P Morgan Chase & Co cut their price objective on shares of Stagecoach Group from GBX 149 ($2.00) to GBX 131 ($1.75) and set an underweight rating on the stock in a research report on Friday, October 13th. Finally, reaffirmed a hold rating and set a GBX 160 ($2.14) price objective on shares of Stagecoach Group in a research report on Friday, November 3rd. One analyst has rated the stock with a sell rating, seven have assigned a hold rating and three have assigned a buy rating to the company. The company currently has an average rating of Hold and an average price target of GBX 181.90 ($2.44).

Stagecoach Group (SGC) opened at GBX 183 ($2.45) on Thursday. Stagecoach Group has a 52-week low of GBX 150.80 ($2.02) and a 52-week high of GBX 227.29 ($3.04).

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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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