Stagecoach Group plc (SGC) Given Consensus Recommendation of “Buy” by Brokerages

Stagecoach Group plc (LON:SGC) has been assigned a consensus recommendation of “Buy” from the eight ratings firms that are currently covering the stock, MarketBeat reports. Three investment analysts have rated the stock with a hold rating and five have assigned a buy rating to the company. The average twelve-month price objective among brokers that have covered the stock in the last year is GBX 159.20 ($2.08).

A number of analysts have recently commented on the company. Liberum Capital restated a “buy” rating on shares of Stagecoach Group in a research report on Tuesday. UBS Group restated a “buy” rating on shares of Stagecoach Group in a research report on Wednesday, December 5th. Canaccord Genuity cut their price objective on Stagecoach Group from GBX 171 ($2.23) to GBX 150 ($1.96) and set a “hold” rating for the company in a research report on Tuesday, December 18th. Deutsche Bank cut their price objective on Stagecoach Group from GBX 205 ($2.68) to GBX 170 ($2.22) and set a “buy” rating for the company in a research report on Tuesday, January 15th. Finally, HSBC cut Stagecoach Group to a “hold” rating and cut their price objective for the company from GBX 170 ($2.22) to GBX 145 ($1.89) in a research report on Tuesday, December 18th.

Shares of Stagecoach Group stock traded up GBX 1.80 ($0.02) on Tuesday, reaching GBX 155.10 ($2.03). The company’s stock had a trading volume of 449,434 shares, compared to its average volume of 1,730,000. Stagecoach Group has a 52-week low of GBX 124.40 ($1.63) and a 52-week high of GBX 217.60 ($2.84).

The company also recently declared a dividend, which will be paid on Wednesday, March 6th. Investors of record on Thursday, January 24th will be given a dividend of GBX 3.80 ($0.05) per share. This represents a dividend yield of 2.15%. The ex-dividend date of this dividend is Thursday, January 24th.

Stagecoach Group Company Profile

Stagecoach Group plc, together with its subsidiaries, provides public transportation services in the United Kingdom, mainland Europe, the United States, and Canada. It operates through five segments: UK Bus (Regional Operations), megabus Europe, UK Bus (London), North America, and UK Rail. The company offers bus, coach, train, and tram services.

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Analyst Recommendations for Stagecoach Group (LON:SGC)

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