Stagecoach Group PLC (LON:SGC) Rating Reaffirmed
Liberum Capital now has a GBX 255.00 target price on shares of Stagecoach Group PLC (LON:SGC). The target price may imply a potential downside of -16.13% from the stock price of Stagecoach Group PLC (LON:SGC). This rating was released in recent note on Monday morning.
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 366.69 with a 19.24% above today’s (GBX 304.35) stock price. Stagecoach Group PLC was the topic of 40 analyst reports since August 17, 2015 according to the firm StockzIntelligence Inc. Liberum Capital maintained shares on December 14 with “Sell” rating. Barclays Capital maintained shares with “Overweight” rating and GBX 340 target share price in a report from a December 10. Citigroup upgraded SGC stock in a recent report from December 10 to “Buy” rating. Morgan Stanley maintained the rating on December 9. Morgan Stanley has a “Overwt/In-Line” rating and a GBX 440 price target on shares. Finally, Deutsche Bank maintained the stock with “Buy” rating in a report issued on a December 10.
Approximately 179,182 shares of stock traded hands. Stagecoach Group plc (LON:SGC) has declined 23.71% since May 15, 2015 and is downtrending. It has underperformed by 19.30% 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 selling transactions 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 1.75 billion GBP. The Firm operates bus, coach, rail and tram services in regulated and deregulated markets. It has 12.61 P/E ratio. The Firm operates through three core divisions.
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