Deutsche Bank Aktiengesellschaft Reiterates “Buy” Rating for Saga (LON:SAGA)

Saga (LON:SAGA)‘s stock had its “buy” rating reaffirmed by equities research analysts at Deutsche Bank Aktiengesellschaft in a research note issued to investors on Friday,London Stock Exchange reports. They currently have a GBX 795 target price on the stock. Deutsche Bank Aktiengesellschaft’s price objective indicates a potential upside of 18.83% from the stock’s current price.

Separately, Berenberg Bank reaffirmed a “buy” rating and issued a GBX 1,025 target price on shares of Saga in a research note on Thursday, July 9th. Two investment analysts have rated the stock with a Buy rating, Based on data from MarketBeat.com, the stock has a consensus rating of “Buy” and a consensus target price of GBX 910.

Saga Stock Up 1.4%

SAGA stock opened at GBX 669 on Friday. The company has a debt-to-equity ratio of 934.58, a current ratio of 1.35 and a quick ratio of 0.67. The company’s 50 day simple moving average is GBX 642 and its 200-day simple moving average is GBX 578.16. Saga has a 12 month low of GBX 192.80 and a 12 month high of GBX 747. The firm has a market capitalization of £972.66 million, a PE ratio of 278.75, a P/E/G ratio of 1.22 and a beta of 2.02.

Insider Buying and Selling at Saga

In other Saga news, insider Mike Hazell purchased 276 shares of Saga stock in a transaction on Wednesday, July 15th. The shares were bought at an average price of GBX 652 per share, with a total value of £1,799.52. Also, insider Mark Watkins sold 30,205 shares of the stock in a transaction on Friday, July 3rd. The stock was sold at an average price of GBX 670, for a total value of £202,373.50. Insiders own 30.38% of the company’s stock.

About Saga

Saga exists to deliver exceptional experiences for our customers every day, whilst being a driver of positive change in our markets and communities.