Stagecoach Group (LON:SGC) was downgraded by research analysts at Jefferies Financial Group to an “underperform” rating in a report issued on Friday, Digital Look reports. They presently have a GBX 125 ($1.63) price target on the stock, down from their prior price target of GBX 145 ($1.89). Jefferies Financial Group’s price target points to a potential downside of 10.01% from the company’s previous close.
Other equities analysts also recently issued reports about the company. Liberum Capital downgraded Stagecoach Group to a “hold” rating and decreased their price target for the stock from GBX 180 ($2.35) to GBX 165 ($2.16) in a research note on Thursday. Canaccord Genuity restated a “hold” rating and set a GBX 150 ($1.96) price objective on shares of Stagecoach Group in a research note on Wednesday. Bank of America increased their target price on Stagecoach Group from GBX 160 ($2.09) to GBX 190 ($2.48) and gave the stock an “outperform” rating in a report on Wednesday. Royal Bank of Canada increased their target price on Stagecoach Group from GBX 160 ($2.09) to GBX 190 ($2.48) and gave the stock an “outperform” rating in a report on Wednesday. Finally, HSBC lifted their target price on Stagecoach Group from GBX 145 ($1.89) to GBX 165 ($2.16) and gave the stock a “hold” rating in a research report on Friday, February 15th. One investment analyst has rated the stock with a sell rating, four have assigned a hold rating and five have issued a buy rating to the stock. The stock currently has a consensus rating of “Hold” and an average price target of GBX 165.75 ($2.17).
Shares of SGC stock opened at GBX 138.90 ($1.81) on Friday. The company has a current ratio of 0.73, a quick ratio of 0.64 and a debt-to-equity ratio of 366.82. Stagecoach Group has a one year low of GBX 124.30 ($1.62) and a one year high of GBX 184.70 ($2.41). The stock has a market cap of $795.63 million and a PE ratio of -20.13.
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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