Reaffirmed: Saga (LON:SAGA) “Neutral” Rating Reiterated at Goldman Sachs; GBX 215.00 Target in Place

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Saga (LON:SAGA) Rating Reaffirmed

In a comprehensive report shared with investors and clients on Friday, 11 December, The “Neutral” rating of Saga (LON:SAGA) shares was kept steady by Analysts at Goldman Sachs, who now has a GBX 215.00 target PPS on the stock. Goldman Sachs’s target PPS suggests a possible upside of 6.49% from the stock close price of the company.

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 210. The mean of all analyst targets is GBX 228.5 with a 12.07% above today’s (GBX 201.5) stock price. Saga was the topic of 18 analyst reports since August 26, 2015 according to the firm StockzIntelligence Inc. JP Morgan maintained shares on December 8 with “Neutral” rating. Credit Suisse maintained shares with “Neutral” rating and GBX 210 target share price in a report from an October 1. Canaccord Genuity maintained SAGA stock in a recent report from November 4 with “Buy” rating. UBS maintained the rating on September 25. UBS has a “Neutral” rating and a GBX 215 price target on shares. Finally, Goldman Sachs maintained the stock with “Neutral” rating in a report issued on an October 9.

Approximately 238,161 shares of stock traded hands. Saga PLC (LON:SAGA) has declined 3.70% since May 14, 2015 and is downtrending. It has underperformed by 0.69% the S&P500.

Reaffirmed: Saga (LON:SAGA)

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 2.25 billion GBP. The Firm operates through four divisions: Financial Services, Travel, Healthcare Services, and Media and Central Costs. It has 16.05 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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