FirstGroup plc’s “Buy” Rating Reaffirmed at Liberum Capital (FGP)
FirstGroup plc (LON:FGP)‘s stock had its “buy” rating reaffirmed by stock analysts at Liberum Capital in a report issued on Friday, Analyst Ratings Network.com reports. They currently have a GBX 135 ($2.21) price objective on the stock. Liberum Capital’s target price indicates a potential downside of 1.03% from the stock’s previous close.
Other equities research analysts have also recently issued reports about the stock. Analysts at Investec upgraded shares of FirstGroup plc to a “buy” rating in a research note to investors on Thursday. They now have a GBX 160 ($2.62) price target on the stock, up previously from GBX 127 ($2.08). Separately, analysts at Jefferies Group reiterated a “hold” rating on shares of FirstGroup plc in a research note to investors on Wednesday. They now have a GBX 125 ($2.05) price target on the stock. Finally, 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. Eleven research analysts have rated the stock with a hold rating and seven have issued a buy rating to the stock. The company currently has an average rating of “Hold” and an average price target of GBX 134.64 ($2.21).
Shares of FirstGroup plc (LON:FGP) opened at 136.40 on Friday. 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 120.5 and its 200-day moving average is GBX 114.3. The company’s market cap is £1.642 billion.
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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