Deutsche Bank reiterated their buy rating on shares of Stagecoach Group (LON:SGC) in a research report report published on Friday morning, ThisIsMoney.Co.Uk reports.
SGC has been the topic of several other research reports. Citigroup set a $221.00 target price on shares of 3M and gave the company a buy rating in a research note on Friday, April 26th. Royal Bank of Canada set a $30.00 target price on shares of Shaw Communications and gave the company a buy rating in a research note on Wednesday, April 10th. Jefferies Financial Group reaffirmed a hold rating and issued a GBX 4,380 ($57.23) target price on shares of Unilever in a research note on Friday, April 5th. HSBC lowered shares of SAP from a buy rating to a hold rating in a research note on Tuesday, April 9th. Finally, Canaccord Genuity reaffirmed a hold rating and issued a GBX 150 ($1.96) target price on shares of Stagecoach Group in a research note on Wednesday, April 3rd. One investment analyst has rated the stock with a sell rating, three have issued a hold rating and six have given a buy rating to the company. The company currently has an average rating of Buy and an average price target of GBX 148.89 ($1.95).
Shares of LON SGC opened at GBX 132.90 ($1.74) on Friday. The company has a market cap of $748.69 million and a price-to-earnings ratio of 34.97. The company has a quick ratio of 0.65, a current ratio of 0.70 and a debt-to-equity ratio of 338.55. Stagecoach Group has a 1 year low of GBX 113.60 ($1.48) and a 1 year high of GBX 184.70 ($2.41). The company has a 50-day simple moving average of GBX 126.56.
The company also recently disclosed a dividend, which will be paid on Wednesday, October 2nd. Investors of record on Thursday, August 22nd will be paid a dividend of GBX 3.90 ($0.05) per share. This is a positive change from Stagecoach Group’s previous dividend of $3.80. The ex-dividend date of this dividend is Thursday, August 22nd. This represents a yield of 3.22%. Stagecoach Group’s dividend payout ratio (DPR) is presently 2.11%.
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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