Saga (LON:SAGA) Stock Price Expected to Rise, Deutsche Bank Aktiengesellschaft Analyst Says

by · The Markets Daily

Saga (LON:SAGA – Get Free Report) had its price objective increased by research analysts at Deutsche Bank Aktiengesellschaft from GBX 795 to GBX 855 in a note issued to investors on Thursday, Digital Look reports. The brokerage presently has a “buy” rating on the stock. Deutsche Bank Aktiengesellschaft’s price objective suggests a potential upside of 12.35% from the company’s current price.

Separately, Berenberg Bank upped their target price on Saga from GBX 1,025 to GBX 1,130 and gave the stock a “buy” rating in a report on Wednesday. Two research analysts have rated the stock with a Buy rating, According to MarketBeat, Saga currently has a consensus rating of “Buy” and a consensus price target of GBX 992.50.

Check Out Our Latest Stock Report on Saga

Saga Price Performance

Shares of LON SAGA opened at GBX 761 on Thursday. Saga has a 1 year low of GBX 237 and a 1 year high of GBX 797. The company has a debt-to-equity ratio of 503.16, a current ratio of 0.91 and a quick ratio of 0.67. The company’s 50-day moving average is GBX 660.47 and its 200 day moving average is GBX 602.19. The stock 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 (LON:SAGA – Get Free Report) last released its quarterly earnings results on Wednesday, September 30th. The company reported GBX 20.50 earnings per share (EPS) for the quarter. Saga had a net margin of 3.25% and a return on equity of 23.50%. On average, sell-side analysts expect that Saga will post 34.7826087 earnings per share for the current year.

Insiders Place Their Bets

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

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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