FirstGroup (LON:FGP) Receives Buy Rating from Liberum Capital
Liberum Capital restated their buy rating on shares of FirstGroup (LON:FGP) in a research report report published on Monday, ThisIsMoney.Co.Uk reports.
Several other equities analysts have also commented on the stock. Royal Bank of Canada restated an outperform rating on shares of FirstGroup in a research report on Tuesday, June 25th. Canaccord Genuity upped their price target on shares of FirstGroup from GBX 109 ($1.42) to GBX 124 ($1.62) and gave the stock a hold rating in a research report on Wednesday, August 21st. Finally, JPMorgan Chase & Co. lowered their price target on shares of FirstGroup from GBX 145 ($1.89) to GBX 142 ($1.86) and set an overweight rating for the company in a research report on Thursday, August 15th. Three equities research analysts have rated the stock with a hold rating and four have given a buy rating to the company’s stock. The stock has an average rating of Buy and a consensus target price of GBX 124.14 ($1.62).
FirstGroup stock opened at GBX 129.80 ($1.70) on Monday. The company has a 50-day simple moving average of GBX 122.39 and a 200-day simple moving average of GBX 106.97. The firm has a market capitalization of $1.58 billion and a P/E ratio of -23.60. The company has a debt-to-equity ratio of 108.25, a quick ratio of 0.87 and a current ratio of 1.01. FirstGroup has a one year low of GBX 77.95 ($1.02) and a one year high of GBX 132.91 ($1.74).
FirstGroup Company Profile
FirstGroup plc provides passenger transport services. The company's First Student segment provides student transportation services through a fleet of approximately 44,000 yellow school buses in North America. This segment also offers charter hire services for school and non-school activities. Its First Transit segment offers public transit management and contracting services, including fixed route, paratransit, shuttle, and vehicle maintenance services to transit authorities, such as federal, state, and local transportation departments, as well as for private institutions, including universities, hospitals, and airports in North America.
Read More: What is a Market Correction?
Receive News & Ratings for FirstGroup Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for FirstGroup and related companies with MarketBeat.com's FREE daily email newsletter.