Stagecoach Group (LON:SGC) was upgraded by J P Morgan Chase & Co to a “neutral” rating in a report released on Thursday. The firm currently has a GBX 174 ($2.34) price target on the stock, up from their previous price target of GBX 131 ($1.76). J P Morgan Chase & Co’s price objective points to a potential downside of 6.04% from the stock’s current price.
SGC has been the topic of several other research reports. Liberum Capital reiterated a “buy” rating and issued a GBX 170 ($2.29) price target on shares of Stagecoach Group in a report on Wednesday. Shore Capital reiterated a “hold” rating on shares of Stagecoach Group in a report on Wednesday. upgraded Stagecoach Group to a “hold” rating and set a GBX 160 ($2.15) price target on the stock in a report on Wednesday, September 20th. HSBC reiterated a “hold” rating and issued a GBX 160 ($2.15) price target on shares of Stagecoach Group in a report on Friday, November 3rd. Finally, reiterated a “hold” rating and issued a GBX 160 ($2.15) price target on shares of Stagecoach Group in a report on Friday, November 3rd. Seven research analysts have rated the stock with a hold rating and four have given a buy rating to the company’s stock. The stock presently has a consensus rating of “Hold” and a consensus target price of GBX 186.20 ($2.51).
Stagecoach Group (LON:SGC) opened at GBX 185.18 ($2.49) on Thursday. Stagecoach Group has a fifty-two week low of GBX 150.80 ($2.03) and a fifty-two week high of GBX 227.29 ($3.06).
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Stagecoach Group Company Profile
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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