Go-Ahead Group PT Raised to GBX 1,800 at Investec (GOG)
Stock analysts at Investec boosted their price target on shares of Go-Ahead Group (LON:GOG) from GBX 1,645 ($26.60) to GBX 1,800 ($29.11) in a report issued on Thursday, Stock Ratings Network.com reports. The firm currently has a “buy” rating on the stock. Investec’s price objective would suggest a potential upside of 6.19% from the stock’s previous close.
A number of other analysts have also recently weighed in on GOG. Analysts at Jefferies Group reiterated a “buy” rating on shares of Go-Ahead Group in a research note to investors on Thursday. They now have a GBX 1,815 ($29.35) price target on the stock. Separately, analysts at Shore Capital Stockbrokers reiterated a “buy” rating on shares of Go-Ahead Group in a research note to investors on Thursday. Finally, analysts at RBC Capital raised their price target on shares of Go-Ahead Group from GBX 1,600 ($25.87) to GBX 1,800 ($29.11) in a research note to investors on Wednesday, October 16th. They now have a “sector performer” rating on the stock. One research analyst has rated the stock with a sell rating, four have given a hold rating and ten have given a buy rating to the stock. The stock currently has an average rating of “Buy” and an average target price of GBX 1,621.67 ($26.22).
Shares of Go-Ahead Group (LON:GOG) traded down 0.06% on Thursday, hitting GBX 1695.9999. The stock had a trading volume of 10,765 shares. Go-Ahead Group has a 52-week low of GBX 1211.845 and a 52-week high of GBX 1712.0001. The stock’s 50-day moving average is GBX 1611.56 and its 200-day moving average is GBX 1536.. The company’s market cap is £725.9 million.
The Go-Ahead Group plc is principally engaged in the provision of passenger transport services. The Company has four segments: Deregulated Bus division consists of bus operations outside London; Regulated Bus division consists of bus operations in London under control of Transport for London; Rail operation, Govia, is 65% owned by Go-Ahead and 35% by Keolis SA and consists of three rail franchises: Southern, Southeastern and London Midland, and Go-Ahead North America division consists of a 50% investment in the United States school bus operation.
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