Berenberg Bank Reaffirms “Buy” Rating for Saga (LON:SAGA)

Saga (LON:SAGA – Get Free Report)‘s stock had its “buy” rating reaffirmed by stock analysts at Berenberg Bank in a research report issued to clients and investors on Thursday, September 17th, Digital Look reports. They currently have a GBX 1,025 target price on the stock. Berenberg Bank’s price objective indicates a potential upside of 65.59% from the company’s current price.

Separately, Deutsche Bank Aktiengesellschaft reaffirmed a “buy” rating and issued a GBX 795 target price on shares of Saga in a research report on Friday, August 21st. Two analysts have rated the stock with a Buy rating, According to data from MarketBeat.com, the stock currently has a consensus rating of “Buy” and an average price target of GBX 910.

Read Our Latest Analysis on SAGA

Saga Price Performance

LON:SAGA traded up GBX 12 during mid-day trading on Thursday, reaching GBX 619. 7,839,511 shares of the stock were exchanged, compared to its average volume of 3,101,505. The company has a current ratio of 1.35, a quick ratio of 0.67 and a debt-to-equity ratio of 934.58. The business has a fifty day moving average price of GBX 655.28 and a 200 day moving average price of GBX 593.44. Saga has a 1-year low of GBX 229.30 and a 1-year high of GBX 747. The firm has a market capitalization of £899.96 million, a PE ratio of 257.92, a PEG ratio of 1.22 and a beta of 2.02.

Insider Buying and Selling at Saga

In other Saga news, insider Mark Watkins acquired 276 shares of the company’s stock in a transaction dated Wednesday, July 15th. The shares were purchased at an average cost of GBX 652 per share, for a total transaction of £1,799.52. Also, insider Mike Hazell bought 276 shares of Saga stock in a transaction on Wednesday, July 15th. The stock was purchased at an average price of GBX 652 per share, with a total value of £1,799.52. 30.38% of the stock is currently owned by corporate insiders.

Saga Company Profile

(Get Free Report)

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

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