Saga’s (SAGA) “Buy” Rating Reaffirmed at Berenberg Bank

Saga (LON:SAGA)‘s stock had its “buy” rating restated by analysts at Berenberg Bank in a research note issued on Thursday, Digital Look reports. They presently have a GBX 1,025 price objective on the stock. Berenberg Bank’s price objective suggests a potential upside of 65.06% from the company’s previous close.

Separately, Deutsche Bank Aktiengesellschaft reiterated a “buy” rating and issued a GBX 795 target price on shares of Saga in a research note on Friday, August 21st. Two investment analysts have rated the stock with a Buy rating, According to MarketBeat.com, the company has an average rating of “Buy” and a consensus price target of GBX 910.

Saga Trading Up 3.5%

Shares of Saga stock opened at GBX 621 on Thursday. Saga has a fifty-two week low of GBX 208 and a fifty-two week high of GBX 747. The firm has a market cap of £902.87 million, a PE ratio of 258.75, a P/E/G ratio of 1.22 and a beta of 2.02. The business’s fifty day moving average is GBX 658.01 and its two-hundred day moving average is GBX 590.31. The company has a quick ratio of 0.67, a current ratio of 1.35 and a debt-to-equity ratio of 934.58.

Insider Activity at Saga

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

Saga Company Profile

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