Shares of Stagecoach Group plc (LON:SGC) have been given a consensus rating of “Hold” by the eleven analysts that are currently covering the stock, MarketBeat Ratings reports. Three equities research analysts have rated the stock with a sell recommendation, five have assigned a hold recommendation and three have given a buy recommendation to the company. The average 12 month price target among brokerages that have updated their coverage on the stock in the last year is GBX 189 ($2.44).
A number of equities research analysts recently commented on the company. Liberum Capital reiterated a “sell” rating and issued a GBX 185 ($2.39) target price on shares of Stagecoach Group plc in a research report on Wednesday, June 28th. Canaccord Genuity reiterated a “hold” rating and issued a GBX 218 ($2.82) target price on shares of Stagecoach Group plc in a research report on Wednesday, June 28th. Shore Capital lowered Stagecoach Group plc to a “hold” rating in a research report on Friday, July 7th. J P Morgan Chase & Co dropped their target price on Stagecoach Group plc from GBX 166 ($2.14) to GBX 149 ($1.92) and set an “underweight” rating on the stock in a research report on Thursday, June 29th. Finally, Barclays PLC reiterated an “equal weight” rating and issued a GBX 195 ($2.52) target price on shares of Stagecoach Group plc in a research report on Thursday, June 29th.
In other Stagecoach Group plc news, insider Ross Paterson bought 15,000 shares of Stagecoach Group plc stock in a transaction dated Thursday, June 29th. The stock was acquired at an average cost of GBX 186 ($2.40) per share, with a total value of £27,900 ($36,032.55). Over the last ninety days, insiders have bought 30,250 shares of company stock valued at $5,714,873.
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Stagecoach Group plc (SGC) traded up 0.06% during midday trading on Tuesday, reaching GBX 159.30. 803,162 shares of the company’s stock were exchanged. The firm’s market capitalization is GBX 913.31 million. The firm’s 50 day moving average is GBX 175.92 and its 200 day moving average is GBX 197.48. Stagecoach Group plc has a 52 week low of GBX 156.00 and a 52 week high of GBX 229.60.
Stagecoach Group plc (LON:SGC) last issued its earnings results on Monday, June 26th. The company reported $0.24 EPS for the quarter, meeting the Zacks’ consensus estimate of $0.24. Stagecoach Group plc had a negative return on equity of 70.80% and a negative net margin of 2.82%. On average, equities analysts anticipate that Stagecoach Group plc will post $24.55 earnings per share for the current year.
The business also recently declared a dividend, which will be paid on Wednesday, October 4th. Shareholders of record on Thursday, August 31st will be issued a GBX 8.10 ($0.10) dividend. The ex-dividend date of this dividend is Thursday, August 31st. This is an increase from Stagecoach Group plc’s previous dividend of $3.80. This represents a yield of 4.24%.
Stagecoach Group plc 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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