FirstGroup plc’s Hold Rating Reaffirmed at Jefferies Group (FGP)
FirstGroup plc (LON:FGP)‘s stock had its “hold” rating restated by equities research analysts at Jefferies Group in a research note issued to investors on Wednesday, Stock Ratings News reports. They currently have a GBX 125 ($2.05) target price on the stock. Jefferies Group’s target price would suggest a potential downside of 4.21% from the stock’s previous close.
FirstGroup plc (LON:FGP) traded down 0.68% on Wednesday, hitting GBX 130.50. The stock had a trading volume of 2,159,914 shares. FirstGroup plc has a one year low of GBX 90.30 and a one year high of GBX 189.945. The stock’s 50-day moving average is GBX 118.7 and its 200-day moving average is GBX 113.5. The company’s market cap is £1.571 billion.
Several other analysts have also recently commented on the stock. Analysts at Deutsche Bank reiterated a “hold” rating on shares of FirstGroup plc in a research note to investors on Tuesday, December 24th. They now have a GBX 128 ($2.10) price target on the stock. Separately, analysts at Goldman Sachs Group Inc. raised their price target on shares of FirstGroup plc from GBX 135 ($2.21) to GBX 140 ($2.30) in a research note to investors on Tuesday, December 17th. They now have a “buy” rating on the stock. Finally, analysts at JPMorgan Chase & Co. reiterated an “overweight” rating on shares of FirstGroup plc in a research note to investors on Thursday, December 12th. They now have a GBX 150 ($2.46) price target on the stock. Twelve investment analysts have rated the stock with a hold rating and six have issued a buy rating to the company. The stock has an average rating of “Hold” and an average price target of GBX 132.69 ($2.18).
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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