FirstGroup plc (FGP) Earns Hold Rating from Analysts at Canaccord Genuity
Canaccord Genuity assumed coverage on shares of FirstGroup plc (LON:FGP) in a research report report published on Monday. The brokerage issued a hold rating and a GBX 110 ($1.44) price objective on the transport operator’s stock.
A number of other equities analysts also recently weighed in on the company. Goldman Sachs Group Inc. reissued a buy rating and set a GBX 151 ($1.97) price target on shares of FirstGroup plc in a research report on Monday, June 27th. JPMorgan Chase & Co. boosted their price target on FirstGroup plc from GBX 141 ($1.84) to GBX 145 ($1.89) and gave the stock an overweight rating in a research report on Friday, July 1st. Royal Bank Of Canada reissued an underperform rating and set a GBX 85 ($1.11) price target on shares of FirstGroup plc in a research report on Tuesday, July 19th. Liberum Capital reissued a buy rating and set a GBX 140 ($1.83) price target on shares of FirstGroup plc in a research report on Thursday, June 16th. Finally, HSBC boosted their price target on FirstGroup plc from GBX 95 ($1.24) to GBX 100 ($1.31) and gave the stock a hold rating in a research report on Wednesday, June 15th. Two research analysts have rated the stock with a sell rating, seven have assigned a hold rating and six have assigned a buy rating to the company’s stock. The company presently has an average rating of Hold and an average price target of GBX 117.07 ($1.53).
FirstGroup plc (LON:FGP) opened at 106.60 on Monday. The stock has a 50 day moving average price of GBX 106.99 and a 200-day moving average price of GBX 101.49. FirstGroup plc has a one year low of GBX 79.55 and a one year high of GBX 116.10. The firm’s market capitalization is GBX 1.28 billion.
In other news, insider O’Toole,Tim purchased 7,988 shares of the business’s stock in a transaction on Monday, July 25th. The shares were acquired at an average price of GBX 99 ($1.29) per share, with a total value of £7,908.12 ($10,322.57). Also, insider Gregory,Matthew sold 232,360 shares of the company’s stock in a transaction on Tuesday, July 19th. The shares were sold at an average price of GBX 100 ($1.31), for a total transaction of £232,360 ($303,302.44).
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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