Today Morgan Stanley Reiterates a Overwt/In-Line Rating on Stagecoach Group (LON:SGC) and a GBX 440 Target Price

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Stagecoach Group (LON:SGC) Rating Reaffirmed

The financial firm has just set a target of GBX 440 on Stagecoach Group (LON:SGC) shares. This is 43.23% from the last price. In a very recent research note issued to investors and clients on Wednesday morning, Morgan Stanley has decided to reaffirm their Overwt/In-Line rating on shares of SGC.

From a total of 13 analysts covering Stagecoach Group PLC (LON:SGC) stock, 4 rate it a ”Buy”, 3 a “Sell”, and 7 a ”Hold”. This means that 29% of the ratings are positive. The highest target price is GBX 460 while the lowest target price is GBX 300. The mean of all analyst targets is GBX 380.15 with a 20.93% above today’s (GBX 310.3) stock price. Stagecoach Group PLC was the topic of 32 analyst reports since August 17, 2015 according to the firm StockzIntelligence Inc. Nomura maintained shares on December 7 with “Buy” rating. Barclays Capital maintained shares with “Overweight” rating and GBX 400 target share price in a report from a November 9. Panmure Gordon downgraded SGC stock in a recent report from November 13 to “Hold” rating. Investec maintained the rating on November 5. Investec has a “Sell” rating and a GBX 300 price target on shares. Finally, JP Morgan maintained the stock with “Neutral” rating in a report issued on a November 9.

Approximately 2.16M shares of stock traded hands or 209.03% up from the average. Stagecoach Group plc (LON:SGC) has declined 10.98% since May 12, 2015 and is downtrending. It has underperformed by 10.18% the S&P500.

Today Morgan Stanley Reiterates a Overwt/In-Line Rating on Stagecoach Group (LON:SGC) and a GBX 440 Target Price

The overall sentiment of institutions has decreased to 0.96 in Q2 2015. Its down 0.84, from 1.8 in 2015Q2. The ratio dived, as 7 institutions have sold all the shares of Stagecoach Group plc that they owned while 18 funds have taken shares off the table. 6 funds have purchased shares for the first time while 18 added to their positions. These institutions now hold 5.16 million shares or 27.86% less than the 7.15 million shares they owned in 2015Q2.

The Fund Venator Capital Management Ltd. currently is holding shares equating to 12.93% of its total portfolio in Stagecoach Group plc representing a total of 520,749 shares. Another fund,Perritt Capital Management Inc, is holding a total of 150,630 shares equating to 0.57% of their holdings. Additionally, Punch & Associates Investment Management Inc. has a 129,600 share stake in Stagecoach Group plc which represents 0.32% of their total portfolio. The Fund, Apis Capital Advisors Llc, based out of New York, has also built up a stake in the stock, which represents a total of 0.3% of their total portfolio. Finally Eam Investors Llc, a fund which is based in the state of California reported a total holdings of 64,697 shares.

Insider activity is a very important aspect to track on any stock. Going back to April 30, 2015, shareholders of Stagecoach Group plc have witnessed 0 buys, and a total of 2 insider sales equating to a net activity of approximately $132,115 . Demott Andrew D Jr sold 5,201 shares worth approximately $100,015. Mellini Paul V sold 1,605 shares worth approximately $32,100. Hensley Robin sold 3,330 shares worth approximately $54,945.

Stagecoach Group plc is an international public transport firm with activities in the United Kingdom, continental Europe, the United States and Canada. The company has a market cap of 1.82 billion GBP. The Firm operates bus, coach, rail and tram services in regulated and deregulated markets. It has 12.86 P/E ratio. The Firm operates through three core divisions.

According to Zacks Investment Research, “Superior Uniform Group manufactures and sells a wide range of uniforms, corporate I.D., career apparel and accessories for the hospital and healthcare fields; hotels; fast food and other restaurants; and public safety, industrial, transportation and commercial markets, as well as corporate and resort embroidered sportswear. (Press Release)” Get a free copy of the Zacks research report on Stagecoach Group plc (SGC).

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