skip to content

Market News

Stagecoach upgraded by Liberum

19 September 2017 15:49

Liberum Capital has upgraded its recommendation on transport company Stagecoach (LON:SGC) to hold (from sell) stating that, while risks remain, these are now priced in.

"Despite our concerns about earnings momentum, industry headwinds and bus re-regulation, we believe these risks are now better reflected in the current share price," the broker commented.

Its target price of 155 pence per share has been left unchanged.

At 3:49pm: (LON:SGC) Stagecoach Group PLC share price was +7p at 166.2p

Story provided by StockMarketWire.com

Related Company: SGC

Info Point:

To buy or sell shares call our Dealing Room on 0113 243 6941.

Too much jargon? Our glossary will help make sense of things.

Find out more about our Share Dealing Services.

Client Area Access

» Secure Login

» Not registered yet?

aew-banner-180x255.jpg

Branch Finder

Redmayne-Bentley have High Street branches throughout the UK. Find your nearest branch.