The Saga PLC (SAGA) Earns “Buy” Rating from Peel Hunt

The Saga PLC (SAGA) Earns “Buy” Rating from Peel Hunt

Peel Hunt restated their buy rating on shares of Saga PLC (LON:SAGA) in a research note published on Wednesday. The brokerage currently has a GBX 250 ($3.12) price objective on the stock.

Other research analysts have also issued research reports about the stock. JPMorgan Chase & Co. reaffirmed an underweight rating and issued a GBX 190 ($2.37) price target on shares of Saga PLC in a research note on Thursday, September 15th. Numis Securities Ltd reaffirmed an add rating and issued a GBX 235 ($2.94) price target on shares of Saga PLC in a research note on Wednesday, September 21st. Beaufort Securities reaffirmed a buy rating on shares of Saga PLC in a research note on Thursday, September 22nd. Finally, Canaccord Genuity lowered shares of Saga PLC to a hold rating and set a GBX 225 ($2.81) price target on the stock. in a research note on Tuesday, September 27th. Four research analysts have rated the stock with a hold rating and three have issued a buy rating to the stock. The stock has a consensus rating of Hold and a consensus price target of GBX 230 ($2.87).

Shares of Saga PLC (LON:SAGA) opened at 192.70 on Wednesday. Saga PLC has a 12-month low of GBX 170.80 and a 12-month high of GBX 227.38. The company’s 50 day moving average is GBX 199.14 and its 200 day moving average is GBX 207.11. The company’s market capitalization is GBX 2.15 billion.

The business also recently declared a dividend, which was paid on Friday, November 18th. Shareholders of record on Thursday, October 6th were paid a GBX 2.70 ($0.03) dividend. This represents a yield of 1.21%. The ex-dividend date was Thursday, October 6th.

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