Stagecoach Group (LON:SGC) had its price objective trimmed by HSBC from GBX 190 ($2.48) to GBX 170 ($2.22) in a research report report published on Wednesday, October 17th. The brokerage currently has a buy rating on the stock.
Several other brokerages have also issued reports on SGC. Liberum Capital reiterated a hold rating on shares of Stagecoach Group in a report on Thursday, June 28th. Canaccord Genuity reiterated a buy rating and issued a GBX 171 ($2.23) price target on shares of Stagecoach Group in a report on Thursday, June 28th. Finally, Citigroup upgraded Stagecoach Group to a neutral rating and raised their target price for the company from GBX 137 ($1.79) to GBX 171 ($2.23) in a report on Tuesday, July 17th. Two analysts have rated the stock with a hold rating and six have issued a buy rating to the stock. The stock currently has a consensus rating of Buy and an average price target of GBX 168.83 ($2.21).
Shares of SGC stock traded down GBX 0.40 ($0.01) on Wednesday, hitting GBX 152.60 ($1.99). The company had a trading volume of 653,301 shares, compared to its average volume of 1,730,000. Stagecoach Group has a twelve month low of GBX 124.40 ($1.63) and a twelve month high of GBX 217.60 ($2.84).
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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