FirstGroup plc Price Target Raised to GBX 125 at RBC Capital (FGP)
Equities research analysts at RBC Capital lifted their price target on shares of FirstGroup plc (LON:FGP) from GBX 105 ($1.68) to GBX 125 ($2.01) in a research note issued to investors on Thursday, StockRatingsNetwork reports. The firm currently has a “sector performer” rating on the stock. RBC Capital’s price objective would suggest a potential upside of 2.29% from the company’s current price.
Shares of FirstGroup plc (LON:FGP) traded up 0.08% during mid-day trading on Thursday, hitting GBX 122.20. The stock had a trading volume of 3,505,732 shares. FirstGroup plc has a 1-year low of GBX 90.30 and a 1-year high of GBX 189.945. The stock’s 50-day moving average is GBX 115.5 and its 200-day moving average is GBX 147.3. The company’s market cap is £588.8 million.
Other equities research analysts have also recently issued reports about the stock. Analysts at Jefferies Group cut their price target on shares of FirstGroup plc from GBX 150 ($2.41) to GBX 130 ($2.09) in a research note to investors on Monday. They now have a “hold” rating on the stock. Separately, analysts at HSBC reiterated a “neutral” rating on shares of FirstGroup plc in a research note to investors on Friday, October 4th. They now have a GBX 115 ($1.85) price target on the stock. Finally, analysts at Nomura reiterated a “buy” rating on shares of FirstGroup plc in a research note to investors on Friday, October 4th. They now have a GBX 130 ($2.09) price target on the stock. Twelve investment analysts have rated the stock with a hold rating, five have issued a buy rating and one has issued a strong buy rating to the stock. The company presently has an average rating of “Hold” and an average target price of GBX 150.57 ($2.42).
FirstGroup plc is a transport operator in the United Kingdom and North America. The Company has five operating divisions: First Student, First Transit, UK Bus, UK Rail and Greyhound.
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