Stagecoach Group plc (OTCMKTS:SAGKF) shares hit a new 52-week high during mid-day trading on Tuesday . The company traded as high as $1.50 and last traded at $1.50, with a volume of 202 shares traded. The stock had previously closed at $1.49.
A number of equities analysts have recently issued reports on the company. Deutsche Bank Aktiengesellschaft reissued a “buy” rating on shares of Stagecoach Group in a report on Wednesday, March 24th. Royal Bank of Canada reaffirmed an “outperform” rating on shares of Stagecoach Group in a report on Monday, March 29th. HSBC cut Stagecoach Group from a “buy” rating to a “hold” rating in a report on Friday, December 11th. Finally, Canaccord Genuity reaffirmed a “buy” rating on shares of Stagecoach Group in a report on Thursday, December 10th. One equities research analyst has rated the stock with a sell rating, one has given a hold rating and six have given a buy rating to the stock. The company presently has an average rating of “Buy” and a consensus target price of $1.25.
The stock has a 50-day simple moving average of $1.32 and a 200 day simple moving average of $0.95.
Stagecoach Group plc, together with its subsidiaries, provides public transportation services in the United Kingdom. It operates through three segments: UK Bus (Regional Operations), UK Bus (London), and UK Rail. The company offers bus, coach, rail, and tram services. It operates city buses primarily in Liverpool, Newcastle, Hull, Manchester, Oxford, Sheffield, Cambridge, and Exeter through a fleet of approximately 7,100 buses and coaches; inter-urban services linking major towns within its regional operating areas, as well as megabus.com, an inter-city coach service; and buses from 10 depots with a fleet of approximately 1,150 buses serving routes in and around east and south-east London.
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