Saga’s (SAGA) Buy Rating Reaffirmed at Peel Hunt

Peel Hunt reaffirmed their buy rating on shares of Saga (LON:SAGA) in a research note published on Thursday. Peel Hunt currently has a GBX 195 ($2.76) price target on the stock.

A number of other equities research analysts also recently issued reports on SAGA. JPMorgan Chase reiterated a neutral rating and issued a GBX 190 ($2.69) price objective on shares of Saga in a research report on Wednesday, December 13th. Royal Bank of Canada downgraded Saga to a sector performer rating in a research report on Tuesday, December 19th. Credit Suisse Group reiterated a neutral rating on shares of Saga in a research report on Monday, February 12th. Finally, UBS started coverage on Saga in a research report on Friday, April 6th. They issued a neutral rating on the stock. Five investment analysts have rated the stock with a hold rating and four have assigned a buy rating to the company. The stock has a consensus rating of Hold and an average price target of GBX 198.86 ($2.81).

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Shares of SAGA stock opened at GBX 124.90 ($1.77) on Thursday. Saga has a 52-week low of GBX 108 ($1.53) and a 52-week high of GBX 216.13 ($3.05).

The company also recently announced a dividend, which will be paid on Friday, June 29th. Investors of record on Thursday, May 17th will be paid a GBX 6 ($0.08) dividend. This represents a yield of 4.85%. The ex-dividend date of this dividend is Thursday, May 17th. This is a boost from Saga’s previous dividend of $3.00.

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Saga Company Profile

Saga plc provides insurance, travel, personal finance, and healthcare products and services in the United Kingdom. The company operates through three segments: Insurance, Travel, and Emerging Businesses and Central Costs. It offers car, caravan, motorhome, breakdown cover, home, landlord, holiday home, home emergency, pet, travel, boat, health, personal accident, and life insurance, as well as accidental death benefit products.

Analyst Recommendations for Saga (LON:SAGA)

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