Free Trial

Saga (LON:SAGA) Given New GBX 285 Price Target at Deutsche Bank Aktiengesellschaft

Saga logo with Financial Services background

Key Points

  • Deutsche Bank Aktiengesellschaft has raised its price target for Saga (LON:SAGA) from GBX 185 to GBX 285, indicating a potential upside of 17.77% from the current stock price.
  • Saga's stock price opened at GBX 242 on Wednesday, reflecting a 4.5% increase.
  • The company reported earnings of GBX 16.80 per share with a negative net margin of 18.42% and a return on equity of -87.14%.
  • MarketBeat previews top five stocks to own in October.

Saga (LON:SAGA - Get Free Report) had its price objective lifted by equities research analysts at Deutsche Bank Aktiengesellschaft from GBX 185 to GBX 285 in a research report issued on Wednesday, MarketBeat.com reports. The firm currently has a "buy" rating on the stock. Deutsche Bank Aktiengesellschaft's price target would suggest a potential upside of 17.77% from the stock's current price.

Saga Stock Up 4.5%

Shares of Saga stock opened at GBX 242 on Wednesday. The company has a debt-to-equity ratio of 625.34, a current ratio of 1.33 and a quick ratio of 0.67. Saga has a 1 year low of GBX 101.40 and a 1 year high of GBX 243.50. The firm's 50-day moving average is GBX 197.13 and its two-hundred day moving average is GBX 163.08. The stock has a market cap of £348.37 million, a price-to-earnings ratio of -206.13, a PEG ratio of 1.22 and a beta of 2.57.

Saga (LON:SAGA - Get Free Report) last issued its earnings results on Wednesday, September 24th. The company reported GBX 16.80 earnings per share (EPS) for the quarter. Saga had a negative net margin of 18.42% and a negative return on equity of 87.14%. As a group, research analysts expect that Saga will post 34.7826087 earnings per share for the current fiscal year.

About Saga

(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.

Further Reading

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.

Should You Invest $1,000 in Saga Right Now?

Before you consider Saga, you'll want to hear this.

MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Saga wasn't on the list.

While Saga currently has a Buy rating among analysts, top-rated analysts believe these five stocks are better buys.

View The Five Stocks Here

7 Stocks to Buy And Hold Forever Cover

Enter your email address and we'll send you MarketBeat's list of seven stocks and why their long-term outlooks are very promising.

Get This Free Report
Like this article? Share it with a colleague.