Stagecoach Group (LON:SGC) was downgraded by research analysts at Jefferies Financial Group to an “underperform” rating in a report released on Friday, ThisIsMoney.Co.Uk reports. They presently have a GBX 125 ($1.63) target price on the stock, down from their previous target price of GBX 145 ($1.89). Jefferies Financial Group’s price target would indicate a potential downside of 10.52% from the company’s current price.
A number of other equities analysts have also weighed in on SGC. HSBC lowered Stagecoach Group to a “hold” rating and dropped their price objective for the stock from GBX 170 ($2.22) to GBX 145 ($1.89) in a research note on Tuesday, December 18th. Canaccord Genuity dropped their price objective on Stagecoach Group from GBX 171 ($2.23) to GBX 150 ($1.96) and set a “hold” rating for the company in a research note on Tuesday, December 18th. Liberum Capital dropped their price objective on Stagecoach Group from GBX 185 ($2.42) to GBX 180 ($2.35) and set a “buy” rating for the company in a research note on Thursday, December 20th. Royal Bank of Canada raised Stagecoach Group to an “outperform” rating and dropped their price objective for the stock from GBX 185 ($2.42) to GBX 160 ($2.09) in a research note on Friday, December 21st. Finally, Deutsche Bank dropped their price objective on Stagecoach Group from GBX 205 ($2.68) to GBX 170 ($2.22) and set a “buy” rating for the company in a research note on Tuesday, January 15th. One analyst has rated the stock with a sell rating, four have issued a hold rating and five have issued a buy rating to the company’s stock. The company “Hold” and an average price target of GBX 165.75 ($2.17).
Get Stagecoach Group alerts: Shares of SGC opened at GBX 139.70 ($1.83) on Friday. The stock has a market capitalization of $844.90 million and a price-to-earnings ratio of -20.25. The company has a debt-to-equity ratio of 366.82, a current ratio of 0.73 and a quick ratio of 0.64. Stagecoach Group has a 52 week low of GBX 124.30 ($1.62) and a 52 week high of GBX 184.70 ($2.41).
About Stagecoach Group
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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