Stagecoach (SGC.L) 30-01-20
Will Stagecoach (SGC.L) shares break below the 133p support zone, or will it return to highs of 164p (+21%)?
- Currently trading around the 133p support at 135.4p (at time of writing).
- The price has tested this level repeatedly. Traders should be mindful of stop-loss placement.
- Highs of 164p have been seen in the recent past. Will we see this again? (+21%)
- Shares -18% from 12-month highs; +17% from 12 month lows.
Latest News
29 Jan: HSBC has downgraded its rating on Stagecoach Group (SGC) to reduce (from hold) and reduced the target price to 125p (from 140p).
11 Dec: Liberum Capital has downgraded its rating on Stagecoach Group (SGC) to hold (from hold).
11 Dec: Stagecoach, the transport company, moved into a H1 profit after it disposed of the poor-performing US coach offering. However, sales declined and the dividend remained flat.
05 Dec: Liberum Capital has downgraded its rating on Stagecoach Group (SGC) to hold (from buy).
04 Nov: Martin Griffiths, Chief Executive Officer, bought 109 shares within the firm on the 1st November 2019 at a price of 137.54p. This Director currently has 597,453 shares.
Source: Bloomberg, Reuters, Alpha Terminal, FT, DJ Newswires