National Express in merger talks with Stagecoach
21st Sep 2021 07:25
(Sharecast News) - Transport operator National Express confirmed on Tuesday that it is in talks with rival Stagecoach about a possible merger.
Read moreEY to pay £2.2m in penalties over Stagecoach audit
25th Aug 2021 08:25
(Sharecast News) - The Financial Reporting Council issued a final decision notice to EY on Wednesday, and imposed sanctions against the big four accounting firm, over the statutory audit of Stagecoach Group 2017 financial year.
Read moreThursday broker round-up
1st Jul 2021 13:45
(Sharecast News) - Ascential: Berenberg upgrades to buy with a target price of 485p.
Read moreStagecoach sees revenues slide, but stays upbeat for current year
30th Jun 2021 14:09
(Sharecast News) - Stagecoach Group reported a slump in annual profits on Wednesday, after the pandemic hit revenues, but said it was encouraged by progress to date on the roadmap out of lockdown.
Read moreStagecoach founders sell 11m shares in plan to cut stake
28th Apr 2021 10:02
(Sharecast News) - Stagecoach's founders have sold more than 11 million shares in the bus company as part of a plan to drastically reduce their stake over the next decade.
Read moreMonday broker round-up
29th Mar 2021 13:16
(Sharecast News) - Taylor Wimpey: JP Morgan upgrades to overweight with a target price of 220p.
Read moreStagecoach confident of long-term prospects despite Covid-19 uncertainties
26th Mar 2021 08:16
(Sharecast News) - Scottish transport group Stagecoach said on Friday that it continues to see "good long-term prospects" for the business despite it being difficult to forecast a return to profitability as a result of the ongoing Covid-19 pandemic.
Read moreThursday broker round-up
10th Dec 2020 13:34
(Sharecast News) - Workspace Group: Berenberg downgrades to sell with a target price of 670p.
Read moreStagecoach reports recovery in passenger numbers as earnings slide
9th Dec 2020 09:26
(Sharecast News) - Stagecoach reported first-half revenue of £454.6m in its interim results on Wednesday, down from £800.2m year-on-year, as the Covid-19 pandemic had a detrimental impact on passenger numbers.
Read moreStagecoach locks in extension to waivers until 2021
16th Nov 2020 08:15
(Sharecast News) - Transport group Stagecoach has agreed to an extension to waivers on £325.0m of debt as part of an effort to help it navigate the Covid-19 pandemic.
Read moreHSBC upgrades Stagecoach, Go-Ahead; downgrades Firstgroup
14th Oct 2020 12:40
(Sharecast News) - HSBC downgraded its stance on FirstGroup on Wednesday, but lifted its ratings on Go-Ahead and Stagecoach as it took a look at UK bus and rail operators.
Read moreCanaccord Genuity lowers target price on Stagecoach
12th Oct 2020 15:14
(Sharecast News) - Analysts at Canaccord Genuity cut their target price on public transport operator Stagecoach from 85.0p to 62.0p on Monday as they made downgrades to assumptions for the firm's regional bus unit.
Read moreThursday broker round-up
23rd Jul 2020 14:25
(Sharecast News) - Stagecoach Group: Peel Hunt upgrades to buy with a target price of 70.0p.
Read moreProfits tumble at Stagecoach as lockdown hurts demand
22nd Jul 2020 11:14
(Sharecast News) - Stagecoach reported a sharp fall in full-year earnings on Wednesday after enduring what it called one of the most challenging periods in living memory.
Read moreStagecoach agrees loan waivers to deal with Covid-19 impact
18th Jun 2020 07:32
(Sharecast News) - Stagecoach said it had liquidity of more than £800m as it agreed more waivers with its lenders to deal with the Covid-19 pandemic impact.
Read more