FirstGroup plc (FGP) Price Target Raised to GBX 141 at JPMorgan Chase & Co.
FirstGroup plc (LON:FGP) had its price target lifted by JPMorgan Chase & Co. from GBX 140 ($1.75) to GBX 141 ($1.76) in a research note released on Wednesday. They currently have an overweight rating on the transport operator’s stock.
Other analysts also recently issued reports about the company. Royal Bank Of Canada reiterated an underperform rating and set a GBX 85 ($1.06) target price on shares of FirstGroup plc in a research note on Tuesday, July 19th. Deutsche Bank AG started coverage on FirstGroup plc in a research note on Wednesday, September 21st. They set a sell rating and a GBX 94 ($1.17) target price on the stock. Canaccord Genuity started coverage on FirstGroup plc in a report on Monday, September 19th. They set a hold rating and a GBX 110 ($1.37) price target on the stock. Finally, Goldman Sachs Group Inc. increased their price target on FirstGroup plc from GBX 146 ($1.82) to GBX 168 ($2.10) and gave the company a conviction-buy rating in a report on Wednesday, October 26th. Two analysts have rated the stock with a sell rating, six have assigned a hold rating, five have issued a buy rating and one has given a strong buy rating to the company. FirstGroup plc has an average rating of Hold and an average target price of GBX 118.62 ($1.48).
Shares of FirstGroup plc (LON:FGP) traded down 1.11% during trading on Wednesday, hitting GBX 107.20. The stock had a trading volume of 2,919,081 shares. The firm’s market capitalization is GBX 1291.91 billion. The stock’s 50-day moving average price is GBX 107.51 and its 200 day moving average price is GBX 104.47. FirstGroup plc has a 1-year low of GBX 79.55 and a 1-year high of GBX 116.10.
In other news, insider Tim O’Toole purchased 7,546 shares of the business’s stock in a transaction on Tuesday, October 25th. The shares were acquired at an average cost of GBX 105 ($1.31) per share, with a total value of £7,923.30 ($9,899.18).
FirstGroup plc Company Profile
FirstGroup plc is a United Kingdom-based transport operator in United Kingdom and North America. The Company operates through five segments: First Student, First Transit, Greyhound, UK Bus and UK Rail. The First Student is the provider of student transportation in North America. The First Transit is the private sector providers of public transit management and contracting in North America.
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