Canaccord Genuity assumed coverage on shares of FirstGroup plc (LON:FGP) in a research report report published on Monday morning. The brokerage issued a hold rating and a GBX 110 ($1.44) target price on the transport operator’s stock.
Several other research firms also recently commented on FGP. Goldman Sachs Group Inc. reiterated a buy rating and issued a GBX 151 ($1.97) price objective on shares of FirstGroup plc in a research note on Monday, June 27th. Royal Bank Of Canada reiterated an underperform rating and issued a GBX 85 ($1.11) price objective on shares of FirstGroup plc in a research note on Tuesday, July 19th. Shore Capital reiterated a buy rating on shares of FirstGroup plc in a research note on Tuesday, June 14th. HSBC upped their price objective on FirstGroup plc from GBX 95 ($1.24) to GBX 100 ($1.31) and gave the company a hold rating in a research note on Wednesday, June 15th. Finally, JPMorgan Chase & Co. reiterated an overweight rating and issued a GBX 153 ($2.00) price objective on shares of FirstGroup plc in a research note on Wednesday, May 25th. Two research analysts have rated the stock with a sell rating, seven have given a hold rating and six have given a buy rating to the stock. The stock has a consensus rating of Hold and an average target price of GBX 117.07 ($1.53).
Shares of FirstGroup plc (LON:FGP) opened at 104.10 on Monday. FirstGroup plc has a one year low of GBX 79.55 and a one year high of GBX 116.10. The firm has a 50 day moving average price of GBX 107.25 and a 200-day moving average price of GBX 101.52. The firm’s market cap is GBX 1.25 billion.
In related news, insider Gregory,Matthew sold 232,360 shares of the firm’s stock in a transaction that occurred 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). Also, insider O’Toole,Tim purchased 7,988 shares of FirstGroup plc stock in a transaction that occurred on Monday, July 25th. The shares were purchased at an average cost of GBX 99 ($1.29) per share, with a total value of £7,908.12 ($10,322.57).
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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