Saga (LON:SAGA) Earns Buy Rating from Deutsche Bank Aktiengesellschaft

Saga (LON:SAGA)‘s stock had its “buy” rating restated by research analysts at Deutsche Bank Aktiengesellschaft in a research report issued on Friday,London Stock Exchange reports. They presently have a GBX 795 price target on the stock. Deutsche Bank Aktiengesellschaft’s price objective would indicate a potential upside of 18.83% from the stock’s previous close.

Separately, Berenberg Bank restated a “buy” rating and set a GBX 1,025 target price on shares of Saga in a research report on Thursday, July 9th. Two analysts have rated the stock with a Buy rating, According to data from MarketBeat, the company currently has an average rating of “Buy” and a consensus price target of GBX 910.

Saga Stock Up 1.4%

Saga stock opened at GBX 669 on Friday. The stock’s 50 day moving average price is GBX 642 and its 200 day moving average price is GBX 578.16. Saga has a 1-year low of GBX 192.80 and a 1-year high of GBX 747. The company has a market cap of £972.66 million, a PE ratio of 278.75, a price-to-earnings-growth ratio of 1.22 and a beta of 2.02. The company has a debt-to-equity ratio of 934.58, a current ratio of 1.35 and a quick ratio of 0.67.

Insider Buying and Selling

In other news, insider Mark Watkins purchased 276 shares of the stock in a transaction that occurred on Wednesday, July 15th. The shares were acquired at an average price of GBX 652 per share, for a total transaction of £1,799.52. Also, insider Mike Hazell acquired 276 shares of the company’s stock in a transaction that occurred on Wednesday, July 15th. The stock was purchased at an average cost of GBX 652 per share, with a total value of £1,799.52. Corporate insiders own 30.38% of the company’s stock.

About Saga

Saga exists to deliver exceptional experiences for our customers every day, whilst being a driver of positive change in our markets and communities.