Stagecoach Group plc (LON:SGC) declared a dividend on Wednesday, December 5th, Upcoming.Co.Uk reports. Investors of record on Thursday, January 24th will be paid a dividend of GBX 3.80 ($0.05) per share on Wednesday, March 6th. This represents a yield of 2.15%. The ex-dividend date of this dividend is Thursday, January 24th. The official announcement can be seen at this link.
LON:SGC traded up GBX 23.20 ($0.30) during mid-day trading on Wednesday, reaching GBX 177 ($2.31). The stock had a trading volume of 5,280,488 shares, compared to its average volume of 1,730,000. Stagecoach Group has a 12 month low of GBX 124.40 ($1.63) and a 12 month high of GBX 217.60 ($2.84).
A number of research analysts recently issued reports on the stock. UBS Group reissued a “buy” rating on shares of Stagecoach Group in a research note on Wednesday. Liberum Capital reissued a “buy” rating on shares of Stagecoach Group in a research note on Wednesday. Finally, HSBC decreased their price objective on shares of Stagecoach Group from GBX 190 ($2.48) to GBX 170 ($2.22) and set a “buy” rating on the stock in a research note on Wednesday, October 17th. Two research analysts have rated the stock with a hold rating and seven have assigned a buy rating to the stock. The company has an average rating of “Buy” and a consensus price target of GBX 168.83 ($2.21).
Stagecoach Group plc, together with its subsidiaries, provides public transportation services in the United Kingdom, mainland Europe, the United States, and Canada. It operates through five segments: UK Bus (Regional Operations), megabus Europe, UK Bus (London), North America, and UK Rail. The company offers bus, coach, train, and tram services.
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