Saga PLC (LON:SAGA)‘s stock had its “buy” rating reaffirmed by stock analysts at Peel Hunt in a note issued to investors on Friday. They presently have a GBX 250 ($3.30) price target on the stock. Peel Hunt’s price target points to a potential upside of 18.43% from the stock’s previous close.
SAGA has been the topic of several other research reports. Goldman Sachs Group, Inc. (The) reissued a “buy” rating and issued a GBX 220 ($2.90) target price on shares of Saga PLC in a report on Monday, May 15th. J P Morgan Chase & Co reissued a “neutral” rating and issued a GBX 215 ($2.84) target price on shares of Saga PLC in a report on Wednesday, May 3rd. Finally, Credit Suisse Group upped their target price on Saga PLC from GBX 200 ($2.64) to GBX 220 ($2.90) and gave the company a “neutral” rating in a report on Wednesday, July 12th. Four analysts have rated the stock with a hold rating and four have given a buy rating to the stock. The stock currently has an average rating of “Buy” and an average target price of GBX 229.29 ($3.02).
Saga PLC (LON:SAGA) opened at 210.70 on Friday. The stock’s market cap is GBX 2.35 billion. Saga PLC has a one year low of GBX 180.30 and a one year high of GBX 227.38. The firm has a 50-day moving average price of GBX 206.44 and a 200-day moving average price of GBX 200.71.
In related news, insider Lance Batchelor acquired 146 shares of Saga PLC stock in a transaction dated Wednesday, July 12th. The shares were acquired at an average cost of GBX 205 ($2.70) per share, for a total transaction of £299.30 ($394.80). Insiders bought 364 shares of company stock worth $74,836 over the last 90 days.
About Saga PLC
Saga plc is a provider of services for the customers aged 50 and over. The Company operates through three segments: Insurance, Travel, and Emerging Businesses and Central Costs. Insurance segment consists of general insurance products, such as Motor insurance, Home insurance and Other insurance. Travel segment primarily consists of the operation and delivery of package tours and cruise holiday products.

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