FirstGroup (LON:FGP) Insider Acquires £150.48 in Stock

FirstGroup plc (LON:FGP) insider Ryan Mangold acquired 76 shares of the firm’s stock in a transaction on Wednesday, October 14th. The stock was bought at an average price of GBX 198 per share, with a total value of £150.48.

FirstGroup Trading Up 0.2%

LON:FGP opened at GBX 202.81 on Monday. The company has a 50-day moving average price of GBX 180.06 and a 200-day moving average price of GBX 176.88. FirstGroup plc has a 12 month low of GBX 152.10 and a 12 month high of GBX 220.80. The company has a current ratio of 0.73, a quick ratio of 0.74 and a debt-to-equity ratio of 163.00. The stock has a market cap of £1.05 billion, a price-to-earnings ratio of 9.85, a P/E/G ratio of 5.21 and a beta of 0.68.

Wall Street Analysts Forecast Growth

FGP has been the subject of a number of research reports. Royal Bank Of Canada reissued an “outperform” rating and issued a GBX 255 price target on shares of FirstGroup in a research note on Monday, July 6th. Berenberg Bank raised their price objective on shares of FirstGroup from GBX 240 to GBX 255 and gave the stock a “buy” rating in a report on Monday, July 20th. Four analysts have rated the stock with a Buy rating. According to MarketBeat, the stock has a consensus rating of “Buy” and an average price target of GBX 251.25.

FirstGroup Company Profile

FirstGroup plc provides public transport services in the United Kingdom. The company operates through First Bus and First Rail segments. The First Bus segment offers local bus services with a fleet of approximately 4,900 buses in the United Kingdom. The First Rail segment operates a passenger rail network that provides long-distance, commuter, regional, and sleeper services through a portfolio of Great Western Railway, South Western Railway, TransPennine Express, and Avanti West Coast franchises; and hull trains and Lumos.