Saga PLC (SAGA) Receives Buy Rating from Peel Hunt

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Saga PLC (SAGA) Receives Buy Rating from Peel Hunt insurance

Saga PLC (SAGA) Receives Buy Rating from Peel Hunt insuranceSaga PLC (LON:SAGA)‘s stock had its “buy” rating reiterated by equities researchers at Peel Hunt in a report released on Monday. They currently have a GBX 250 ($3.10) price objective on the stock. Peel Hunt’s price target indicates a potential upside of 32.28% from the stock’s current price.

SAGA has been the topic of a number of other research reports. Beaufort Securities restated a “buy” rating on shares of Saga PLC in a report on Thursday, September 22nd. JPMorgan Chase & Co. reiterated an “underweight” rating and set a GBX 190 ($2.36) target price on shares of Saga PLC in a report on Thursday, September 15th. Canaccord Genuity cut Saga PLC to a “hold” rating and set a GBX 225 ($2.79) target price on the stock. in a report on Tuesday, September 27th. Finally, Numis Securities Ltd reiterated an “add” rating and set a GBX 235 ($2.92) target price on shares of Saga PLC in a report on Wednesday, September 21st. Four research analysts have rated the stock with a hold rating and three have issued a buy rating to the company’s stock. The stock currently has an average rating of “Hold” and a consensus target price of GBX 230 ($2.85).

Saga PLC (SAGA) Receives Buy Rating from Peel Hunt insurance

Shares of Saga PLC (LON:SAGA) opened at 189.20 on Monday. Saga PLC has a 52 week low of GBX 170.80 and a 52 week high of GBX 227.38. The firm’s market capitalization is GBX 2.11 billion. The stock has a 50 day moving average price of GBX 198.45 and a 200-day moving average price of GBX 206.97.

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

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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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