Saga (LON:SAGA) Stock Gets Price Target Bump from Berenberg Bank

Posted by George Bondi on Oct 2nd, 2026

Saga (LON:SAGA – Get Free Report) had its price target upped by equities researchers at Berenberg Bank from GBX 1,025 to GBX 1,130 in a report issued on Wednesday, Marketbeat.com reports. The brokerage currently has a “buy” rating on the stock. Berenberg Bank’s target price suggests a potential upside of 44.69% from the company’s current price.

Separately, Deutsche Bank Aktiengesellschaft reaffirmed a “buy” rating and set a GBX 795 target price on shares of Saga in a research report on Friday, August 21st. Two research analysts have rated the stock with a Buy rating, According to data from MarketBeat, the stock has a consensus rating of “Buy” and an average target price of GBX 992.50.

View Our Latest Report on SAGA

Saga Stock Performance

Shares of SAGA stock opened at GBX 781 on Wednesday. The business’s fifty day simple moving average is GBX 658.33 and its 200-day simple moving average is GBX 601.07. The company has a market cap of £1.14 billion, a PE ratio of 325.42, a PEG ratio of 1.22 and a beta of 2.02. The company has a current ratio of 0.91, a quick ratio of 0.67 and a debt-to-equity ratio of 503.16. Saga has a 12-month low of GBX 237 and a 12-month high of GBX 797.

Saga (LON:SAGA – Get Free Report) last issued its quarterly earnings data on Wednesday, September 30th. The company reported GBX 20.50 EPS for the quarter. Saga had a return on equity of 23.50% and a net margin of 3.25%. Analysts expect that Saga will post 34.7826087 earnings per share for the current fiscal year.

Insider Buying and Selling

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

Key Headlines Impacting Saga

Here are the key news stories impacting Saga this week:

Positive Sentiment: Profit outlook raised: Saga said insurance premiums declined 4.8%, but it increased its annual profit forecast, suggesting improved profitability from its turnaround strategy. Saga insurance premiums fall 4.8%, raises annual profit outlook
Positive Sentiment: Strong cruise performance: Robust demand for cruises and holidays among over-50s customers is contributing to expectations of a significant annual profit increase. Saga delivers strong cruise interim performance outlook
Positive Sentiment: Turnaround gaining traction: Coverage of Saga’s results indicates the company is ahead of its growth plans, with its restructuring and focus on insurance and travel beginning to produce financial benefits. Saga’s turnaround starts paying for itself
Positive Sentiment: Analyst confidence improved: Deutsche Bank raised its price target from 795p to 855p and assigned a “buy” rating. Berenberg separately lifted its target from 1,025p to 1,130p, also maintaining a “buy” rating. Saga stock price target raised at Deutsche Bank
Neutral Sentiment: Saga reported quarterly EPS of 20.50p, but it still recorded a negative net margin of 1.53% and negative return on equity of 15.72%, showing that the recovery remains incomplete.
Negative Sentiment: The 4.8% decline in insurance premiums and Saga’s substantial debt burden remain risks, while the stock’s high price-to-earnings ratio leaves it vulnerable if profit improvements disappoint.