Stagecoach Group (LON:SGC) Stock Upgrade
Investec Securities upgraded shares of Stagecoach Group (LON:SGC) to a solid “Reduce” rating in a very recent research note disseminated on Thursday morning. Analysts currently have a GBX 300.00 price target set on the stock. This price target indicates a possible upside of 0.60% from the last close price of the stock.
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 440 while the lowest target price is GBX 300. The mean of all analyst targets is GBX 374.77 with a 24.57% above today’s (GBX 297.2) stock price. Stagecoach Group PLC was the topic of 37 analyst reports since August 17, 2015 according to the firm StockzIntelligence Inc. Citigroup upgraded shares on December 10 to “Buy” rating. Liberum Capital maintained shares with “Sell” rating and GBX 310 target share price in a report from a November 13. Deutsche Bank maintained SGC stock in a recent report from December 10 with “Buy” rating. Panmure Gordon downgraded the rating on November 13. Panmure Gordon has a “Hold” rating and a GBX 370 price target on shares. Finally, Morgan Stanley maintained the stock with “Overwt/In-Line” rating in a report issued on a December 9.
Approximately 972,229 shares of stock traded hands or 37.64% up from the average. Stagecoach Group plc (LON:SGC) has declined 23.21% since May 13, 2015 and is downtrending. It has underperformed by 21.28% the S&P500.
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 insider purchases, and a total of 2 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 1.99 billion GBP. The Firm operates bus, coach, rail and tram services in regulated and deregulated markets. It has 12.31 P/E ratio. The Firm operates through three core divisions.
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