Stagecoach Group (LON:SGC) had its price objective decreased by Deutsche Bank from GBX 210 ($2.94) to GBX 205 ($2.87) in a report issued on Tuesday. Deutsche Bank currently has a buy rating on the stock.
A number of other equities analysts have also commented on the stock. Liberum Capital raised their price target on shares of Stagecoach Group from GBX 170 ($2.38) to GBX 185 ($2.59) and gave the stock a buy rating in a research report on Thursday, December 14th. 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 increased 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. reiterated a hold rating and set a GBX 160 ($2.24) price objective on shares of Stagecoach Group in a research note on Friday, November 3rd. Finally, HSBC reiterated a buy rating on shares of Stagecoach Group in a research note on Thursday, November 30th. Five investment analysts have rated the stock with a hold rating and six have assigned a buy rating to the stock. The stock has an average rating of Buy and an average price target of GBX 180.20 ($2.53).
Stagecoach Group (SGC) opened at GBX 137.10 ($1.92) on Tuesday. Stagecoach Group has a 1 year low of GBX 124.40 ($1.74) and a 1 year high of GBX 221.40 ($3.10). The company has a market cap of $786.05 and a PE ratio of 2,285.00.
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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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