Saga (LON:SAGA) Price Target Raised to GBX 1,130

Saga (LON:SAGA – Free Report) had its price target raised by Berenberg Bank from GBX 1,025 to GBX 1,130 in a report published on Wednesday, MarketBeat Ratings reports. The firm currently has a buy rating on the stock.

Separately, Deutsche Bank Aktiengesellschaft reaffirmed a “buy” rating and issued a GBX 795 price target on shares of Saga in a research note on Friday, August 21st. Two investment analysts have rated the stock with a Buy rating, According to MarketBeat, Saga has a consensus rating of “Buy” and an average target price of GBX 992.50.

Check Out Our Latest Stock Report on Saga

Saga Price Performance

Shares of SAGA opened at GBX 761 on Wednesday. The business’s 50-day moving average is GBX 660.47 and its two-hundred day moving average is GBX 602.19. The company has a market capitalization of £1.11 billion, a P/E ratio of 317.08, a P/E/G ratio of 1.22 and a beta of 2.02. Saga has a fifty-two week low of GBX 237 and a fifty-two week high of GBX 797. The company has a debt-to-equity ratio of 503.16, a quick ratio of 0.67 and a current ratio of 0.91.

Saga (LON:SAGA – Get Free Report) last announced its quarterly earnings results on Wednesday, September 30th. The company reported GBX 20.50 earnings per share for the quarter. Saga had a return on equity of 23.50% and a net margin of 3.25%. Research analysts predict that Saga will post 34.7826087 earnings per share for the current year.

Insiders Place Their Bets

In related news, insider Mike Hazell purchased 276 shares of Saga stock in a transaction dated Wednesday, July 15th. The shares were acquired at an average cost of GBX 652 per share, with a total value of £1,799.52. Also, insider Mark Watkins acquired 276 shares of the business’s stock in a transaction that occurred on Wednesday, July 15th. The stock was purchased at an average price of GBX 652 per share, for a total transaction of £1,799.52. Insiders own 30.38% of the company’s stock.

About Saga

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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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