FirstGroup plc (FGP) Given Buy Rating at Shore Capital
Other research analysts have also issued reports about the stock. Goldman Sachs Group Inc. boosted their price target on shares of FirstGroup plc from GBX 146 ($1.82) to GBX 168 ($2.10) and gave the stock a conviction-buy rating in a research note on Wednesday, October 26th. Barclays PLC dropped their price target on shares of FirstGroup plc from GBX 128 ($1.60) to GBX 120 ($1.50) and set an equal weight rating on the stock in a research note on Wednesday, November 16th. Canaccord Genuity initiated coverage on shares of FirstGroup plc in a research note on Monday, September 19th. They set a hold rating and a GBX 110 ($1.37) price target on the stock. JPMorgan Chase & Co. boosted their price target on shares of FirstGroup plc from GBX 140 ($1.75) to GBX 141 ($1.76) and gave the stock an overweight rating in a research note on Wednesday, November 16th. Finally, Deutsche Bank AG assumed coverage on shares of FirstGroup plc in a report on Wednesday, September 21st. They set a sell rating and a GBX 94 ($1.17) price objective on the stock. Two investment analysts have rated the stock with a sell rating, six have given a hold rating, five have assigned a buy rating and one has assigned a strong buy rating to the company. The company has an average rating of Hold and an average price target of GBX 118.62 ($1.48).
FirstGroup plc (LON:FGP) traded down 2.32% during mid-day trading on Friday, reaching GBX 105.10. 1,937,852 shares of the company’s stock were exchanged. FirstGroup plc has a 1-year low of GBX 79.55 and a 1-year high of GBX 116.10. The firm’s 50-day moving average is GBX 107.67 and its 200 day moving average is GBX 104.54. The stock’s market capitalization is GBX 1.27 billion.
In other news, insider Tim O’Toole bought 7,546 shares of the firm’s stock in a transaction dated Tuesday, October 25th. The stock was acquired at an average cost of GBX 105 ($1.31) per share, for a total transaction of £7,923.30 ($9,899.18).
FirstGroup plc Company Profile
FirstGroup plc is a transport operator in the United Kingdom and North America. The Company operates through five segments: First Student, First Transit, Greyhound, First Bus and First Rail. The First Student is a provider of student transportation in North America and operates a fleet of over 47,000 school buses, with over six million student journeys per school day.
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