Stagecoach Group plc (LON:SGC) insider Ross Paterson acquired 78 shares of the business’s stock in a transaction on Thursday, July 6th. The shares were purchased at an average price of GBX 191 ($2.47) per share, with a total value of £148.98 ($192.98).
Ross Paterson also recently made the following trade(s):
- On Thursday, June 29th, Ross Paterson acquired 15,000 shares of Stagecoach Group plc stock. The shares were purchased at an average price of GBX 186 ($2.41) per share, with a total value of £27,900 ($36,139.90).
- On Friday, June 2nd, Ross Paterson acquired 71 shares of Stagecoach Group plc stock. The shares were purchased at an average price of GBX 213 ($2.76) per share, with a total value of £151.23 ($195.89).
Shares of Stagecoach Group plc (SGC) traded down 1.10% during midday trading on Monday, reaching GBX 188.40. 1,671,323 shares of the company were exchanged. The firm’s 50 day moving average is GBX 208.31 and its 200-day moving average is GBX 210.17. Stagecoach Group plc has a 52-week low of GBX 179.00 and a 52-week high of GBX 232.93. The company’s market capitalization is GBX 1.08 billion.
The business also recently disclosed a dividend, which will be paid on Wednesday, October 4th. Investors of record on Thursday, August 31st will be paid a dividend of GBX 8.10 ($0.10) per share. This is a boost from Stagecoach Group plc’s previous dividend of $3.80. This represents a dividend yield of 4.24%. The ex-dividend date is Thursday, August 31st.
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SGC has been the subject of a number of analyst reports. HSBC Holdings plc downgraded shares of Stagecoach Group plc to a “reduce” rating and cut their price objective for the stock from GBX 205 ($2.66) to GBX 200 ($2.59) in a research report on Friday, April 28th. Liberum Capital downgraded shares of Stagecoach Group plc to a “sell” rating and cut their price objective for the stock from GBX 215 ($2.78) to GBX 185 ($2.40) in a research report on Thursday, April 6th. Shore Capital restated a “buy” rating on shares of Stagecoach Group plc in a research report on Wednesday, March 29th. J P Morgan Chase & Co upped their price objective on shares of Stagecoach Group plc from GBX 165 ($2.14) to GBX 166 ($2.15) and gave the stock an “underweight” rating in a research report on Thursday, March 30th. Finally, Canaccord Genuity restated a “hold” rating and set a GBX 218 ($2.82) price objective on shares of Stagecoach Group plc in a research report on Thursday, March 30th. Three research analysts have rated the stock with a sell rating, five have given a hold rating and three have given a buy rating to the company’s stock. The stock presently has an average rating of “Hold” and an average price target of GBX 204.67 ($2.65).
About Stagecoach Group plc
Stagecoach Group plc is a United Kingdom-based transport company. The Company is engaged in the sale and operation of passenger transport. The Company operates in five segments: UK Bus (regional operations), megabus Europe, UK Bus (London), North America and UK Rail. UK Bus (regional operations) connects communities in over 100 towns and cities across the United Kingdom on bus networks stretching from the Highlands of Scotland to south west England.
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