Peel Hunt Reiterates Buy Rating for Saga (LON:SAGA)

Peel Hunt reaffirmed their buy rating on shares of Saga (LON:SAGA) in a research note published on Tuesday, ThisIsMoney.Co.Uk reports.

A number of other research firms also recently commented on SAGA. JPMorgan Chase & Co. reduced their target price on Saga from GBX 60 ($0.79) to GBX 55 ($0.72) and set a neutral rating on the stock in a research report on Tuesday, December 17th. UBS Group restated a neutral rating on shares of Saga in a research report on Wednesday, January 29th. Three equities research analysts have rated the stock with a hold rating and one has issued a buy rating to the company’s stock. Saga has a consensus rating of Hold and an average target price of GBX 99.60 ($1.31).

LON SAGA opened at GBX 32.30 ($0.42) on Tuesday. The stock’s fifty day moving average is GBX 43.70 and its two-hundred day moving average is GBX 47.30. The firm has a market capitalization of $350.51 million and a P/E ratio of -1.77. The company has a debt-to-equity ratio of 72.23, a quick ratio of 0.40 and a current ratio of 1.21. Saga has a fifty-two week low of GBX 31.78 ($0.42) and a fifty-two week high of GBX 125.90 ($1.66).

In other Saga news, insider James Quin bought 108,258 shares of Saga stock in a transaction on Wednesday, February 26th. The shares were bought at an average price of GBX 37 ($0.49) per share, for a total transaction of £40,055.46 ($52,690.69).

Saga Company Profile

Saga plc engages in insurance, travel, personal finance, healthcare, retirement villages, and media businesses in the United Kingdom. The company operates in three segments: Insurance, Travel, and Emerging Businesses and Central Costs. It offers car, caravan, motorhome, breakdown cover, home, landlord, holiday home, home emergency, pet, travel, boat, health, personal accident, and life insurance, as well as accidental death benefit products.

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