Saga’s (SAGA) Buy Rating Reiterated at Berenberg Bank

Saga (LON:SAGAGet Free Report)‘s stock had its “buy” rating reissued by investment analysts at Berenberg Bank in a research report issued on Thursday,Digital Look reports. They currently have a GBX 1,025 price objective on the stock. Berenberg Bank’s target price would indicate a potential upside of 67.57% from the stock’s previous close.

Separately, Deutsche Bank Aktiengesellschaft boosted their price target on shares of Saga from GBX 600 to GBX 795 and gave the stock a “buy” rating in a report on Wednesday, July 1st. Two research analysts have rated the stock with a Buy rating, Based on data from MarketBeat, the company has an average rating of “Buy” and a consensus target price of GBX 910.

View Our Latest Stock Analysis on SAGA

Saga Price Performance

Shares of LON SAGA opened at GBX 611.68 on Thursday. The company has a market capitalization of £889.33 million, a PE ratio of 254.87, a PEG ratio of 1.22 and a beta of 2.02. The company has a quick ratio of 0.67, a current ratio of 1.35 and a debt-to-equity ratio of 934.58. The stock’s 50 day moving average price is GBX 575 and its 200-day moving average price is GBX 522.31. Saga has a twelve month low of GBX 162.96 and a twelve month high of GBX 680.

Saga (LON:SAGAGet Free Report) last posted its quarterly earnings data on Wednesday, April 15th. The company reported GBX (2.90) earnings per share for the quarter. The business had revenue of £660 million during the quarter. Saga had a negative return on equity of 15.72% and a negative net margin of 1.53%. On average, equities analysts anticipate that Saga will post 34.7826087 EPS for the current year.

Insiders Place Their Bets

In other Saga news, 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 transaction of £202,373.50. Company insiders own 30.38% of the company’s stock.

Saga Company Profile

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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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