Deutsche Bank AG initiated coverage on shares of Go-Ahead Group plc (LON:GOG) in a research report issued to clients and investors on Wednesday. The firm set a “buy” rating and a GBX 2,330 ($30.41) price target on the stock. Deutsche Bank AG’s price target would indicate a potential upside of 14.95% from the stock’s current price.
A number of other research firms also recently commented on GOG. Goldman Sachs Group Inc. reiterated a “sell” rating on shares of Go-Ahead Group plc in a research note on Monday, June 27th. JPMorgan Chase & Co. decreased their price target on Go-Ahead Group plc from GBX 2,427 ($31.68) to GBX 2,390 ($31.20) and set an “overweight” rating for the company in a research note on Friday, July 1st. Liberum Capital reiterated a “hold” rating and issued a GBX 2,740 ($35.77) price target on shares of Go-Ahead Group plc in a research note on Friday, September 2nd. Investec reiterated a “buy” rating and issued a GBX 2,500 ($32.63) price target on shares of Go-Ahead Group plc in a research note on Friday, September 2nd. Finally, HSBC decreased their price target on Go-Ahead Group plc from GBX 2,850 ($37.20) to GBX 2,310 ($30.15) and set a “buy” rating for the company in a research note on Thursday, June 16th. One research analyst has rated the stock with a sell rating, two have issued a hold rating and ten have given a buy rating to the company’s stock. The stock currently has an average rating of “Buy” and an average target price of GBX 2,588.38 ($33.79).
Go-Ahead Group plc (LON:GOG) opened at 2019.00 on Wednesday. The stock’s market capitalization is GBX 865.95 million. The stock’s 50 day moving average price is GBX 1,983.69 and its 200-day moving average price is GBX 2,266.04. Go-Ahead Group plc has a 52 week low of GBX 1,775.00 and a 52 week high of GBX 2,758.00.
The company also recently announced a dividend, which will be paid on Friday, November 25th. Investors of record on Thursday, November 10th will be issued a dividend of GBX 67.52 ($0.88) per share. This is a boost from Go-Ahead Group plc’s previous dividend of $28.33. The ex-dividend date of this dividend is Thursday, November 10th. This represents a yield of 3.06%.
Go-Ahead Group plc Company Profile
The Go-Ahead Group plc is a United Kingdom-based public transport operator, which provides services in the bus and rail sectors. The Company operates in three segments: regional bus, London bus and rail. The regional bus segment is engaged in the bus operations outside London. The London bus segment is engaged in the bus operations in London under control of Transport for London (TfL) and also rail replacement and other contracted services in London.
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