Go-Ahead Group plc (GOG) PT Lowered to GBX 2,335
Go-Ahead Group plc (LON:GOG) had its price objective cut by HSBC from GBX 2,470 ($30.86) to GBX 2,335 ($29.17) in a research report issued to clients and investors on Thursday. The firm currently has a “buy” rating on the stock. HSBC’s price target points to a potential upside of 16.07% from the company’s previous close.
Other research analysts have also issued reports about the company. Liberum Capital reissued a “hold” rating and issued a GBX 2,740 ($34.23) price objective on shares of Go-Ahead Group plc in a research report on Friday, September 2nd. Investec reissued a “buy” rating and issued a GBX 2,500 ($31.23) price objective on shares of Go-Ahead Group plc in a research report on Tuesday, November 1st. Jefferies Group reissued a “buy” rating and issued a GBX 2,665 ($33.30) price objective on shares of Go-Ahead Group plc in a research report on Tuesday, November 1st. JPMorgan Chase & Co. reissued an “overweight” rating and issued a GBX 2,526 ($31.56) price objective (up from GBX 2,390 ($29.86)) on shares of Go-Ahead Group plc in a research report on Monday, September 5th. Finally, Canaccord Genuity reissued a “buy” rating and issued a GBX 2,753 ($34.40) price objective on shares of Go-Ahead Group plc in a research report on Tuesday, November 1st. One analyst has rated the stock with a sell rating, one has assigned a hold rating and eleven have assigned a buy rating to the stock. The company has a consensus rating of “Buy” and a consensus price target of GBX 2,571.08 ($32.12).
Shares of Go-Ahead Group plc (LON:GOG) opened at 2013.00 on Thursday. Go-Ahead Group plc has a 12-month low of GBX 1,775.00 and a 12-month high of GBX 2,758.00. The stock’s market capitalization is GBX 863.38 million. The stock has a 50 day moving average price of GBX 2,050.11 and a 200 day moving average price of GBX 2,086.68.
The company also recently declared a dividend, which was paid on Friday, November 25th. Investors of record on Thursday, November 10th were paid a GBX 67.52 ($0.84) dividend. This represents a yield of 3.06%. This is an increase from Go-Ahead Group plc’s previous dividend of $28.33. The ex-dividend date of this dividend was Thursday, November 10th.
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In other Go-Ahead Group plc news, insider David Brown sold 1,299 shares of the firm’s stock in a transaction dated Monday, November 21st. The shares were sold at an average price of GBX 2,033 ($25.40), for a total value of £26,408.67 ($32,994.34).
Go-Ahead Group plc Company Profile
The Go-Ahead Group plc is a public transport provider. The Company is a bus operator in the United Kingdom both in and outside London. The Company operates through three segments: regional bus, London bus and rail. The regional bus segment comprises bus operations outside London. The London bus segment comprises bus operations in London under control of Transport for London (TfL), and rail replacement and other contracted services in London.
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