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A statement released earlier today by Barclays Capital about Stagecoach Group PLC (LON:SGC) bumps down the target price to 240.00GBX

Yesterday Stagecoach Group PLC (LON:SGC) traded -1.52% lower at 0.00GBX. The company’s 50-day moving average is 219.37GBX and its 200-day moving average is 233.43GBX. The last stock close price is down -13.94% from the 200-day moving average, compared to the S&P 500 which has decreased -0.01% over the same time. 38,414 shares of the stock were exchanged, down from an average trading volume of 1,230,560

Barclays Capital bumped down the target of Stagecoach Group PLC (LON:SGC) to 240.00GBX indicating a possible upside of 0%.

See Chart Below

Stagecoach Group PLC (LON:SGC)

Stagecoach Group PLC has a 52 week low of 193.80GBX and a 52 week high of 378.50GBX with a P/E ratio of 11.82 The company’s market cap is currently 0 GBX.

In addition to Barclays Capital reporting its target price, a total of 13 firms have reported on the stock. The consensus target price is 285.92GBX with 2 firms rating the stock a strong buy, 3 firms rating the stock a buy, 6 firms rating the stock a hold, 2 firms rating the stock a underperform, and finally 1 firm rating the stock a sell.

About Stagecoach Group PLC (LON:SGC)

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. megabus Europe operates megabus.com inter-city coach services within mainland Europe and between the United Kingdom and mainland Europe. UK Bus (London) operates from approximately nine depots and has a fleet of over 1,300 buses serving routes in and around east and south-east London. North America provides bus and coach transport services in the United States and Canada. The UK Rail segment provides rail operations in the United Kingdom. It provides inter-city train services between London, Edinburgh, Newcastle, Leeds and York.

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