JP Morgan Cazenove Reaffirms Neutral Rating for Saga (LON:SAGA) stock. What’s the Best Move for Investors?

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Saga (LON:SAGA) Rating Reaffirmed

Saga (LON:SAGA) stock Neutral rating has been has reaffirmed at JP Morgan Cazenove in analysts report revealed on 8 December.

From a total of 8 analysts covering Saga (LON:SAGA) stock, 5 rate it a ”Buy”, 0 a “Sell”, and 4 a ”Hold”. This means that 56% of the ratings are positive. The highest target price is GBX 255 while the lowest target price is GBX 200. The mean of all analyst targets is GBX 226.63 with a 12.20% above today’s (GBX 201.28) stock price. Saga was the topic of 16 analyst reports since August 26, 2015 according to the firm StockzIntelligence Inc. Peel Hunt maintained shares on November 25 with “Buy” rating. UBS maintained shares with “Neutral” rating and GBX 215 target share price in a report from a September 25. Numis Securities maintained SAGA stock in a recent report from October 27 with “Add” rating. Finally, Credit Suisse maintained the stock with “Neutral” rating in a report issued on an October 1.

The stock increased 0.09% or GBX 0.18 on December 7, striking GBX 201.28. Approximately shares of stock traded hands. Saga PLC (LON:SAGA) has risen 0.90% since May 11, 2015 and is uptrending. It has outperformed by 1.98% the S&P500.

JP Morgan Cazenove Reaffirms Neutral Rating for Saga (LON:SAGA) stock. What’s the Best Move for Investors?

Saga plc is a provider of products and services tailored for the United Kingdom clients aged 50 and over. The company has a market cap of 2.24 billion GBP. The Firm operates through four divisions: Financial Services, Travel, Healthcare Services, and Media and Central Costs. It has 16.03 P/E ratio. The Financial Services segment primarily comprises general insurance and financial services products, which are classified into three: Motor Insurance, Home Insurance and Other Financial Services.

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