Company in the news: Stagecoach

Stagecoach is Britain's best bus and rail operator, says Phil Oakley. But are the shares too pricey?

Stagecoach (LSE: SGC)stands out as the UK's best bus and rail operator by some way. It has grown the profits of its bus business, while quietly building up its US division.

Last week its partnership with Virgin Rail (90% owned by Stagecoach) was awarded the East Coast rail franchise for eight years from March 2015.

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Phil spent 13 years as an investment analyst for both stockbroking and fund management companies.

 

After graduating with a MSc in International Banking, Economics & Finance from Liverpool Business School in 1996, Phil went to work for BWD Rensburg, a Liverpool based investment manager. In 2001, he joined ABN AMRO as a transport analyst. After a brief spell as a food retail analyst, he spent five years with ABN's very successful UK Smaller Companies team where he covered engineering, transport and support services stocks.

 

In 2007, Phil joined Halbis Capital Management as a European equities analyst. He began writing for MoneyWeek in 2010.