FirstGroup plc Given Hold Rating at Jefferies Group (FGP)
FirstGroup plc (LON:FGP)‘s stock had its “hold” rating reaffirmed by analysts at Jefferies Group in a research report issued to clients and investors on Friday, Analyst Ratings.Net reports. They currently have a GBX 125 ($2.05) price objective on the stock. Jefferies Group’s price objective would suggest a potential downside of 5.37% from the stock’s previous close.
Shares of FirstGroup plc (LON:FGP) traded down 2.44% during mid-day trading on Friday, hitting GBX 132.10. The stock had a trading volume of 2,676,020 shares. FirstGroup plc has a 1-year low of GBX 90.30 and a 1-year high of GBX 189.945. The stock has a 50-day moving average of GBX 126.8 and a 200-day moving average of GBX 117.2. The company’s market cap is £1.590 billion.
Several other analysts have also recently commented on the stock. Analysts at Nomura raised their price target on shares of FirstGroup plc from GBX 130 ($2.13) to GBX 140 ($2.30) in a research note to investors on Tuesday. They now have a “buy” rating on the stock. Separately, analysts at Beaufort Securities downgraded shares of FirstGroup plc to a “hold” rating in a research note to investors on Monday. Finally, analysts at RBC Capital reiterated a “sector perform” rating on shares of FirstGroup plc in a research note to investors on Friday, January 17th. They now have a GBX 125 ($2.05) 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 company currently has a consensus rating of “Hold” and a consensus price target of GBX 142.14 ($2.33).
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.
Get Analysts' Upgrades and Downgrades via Email - Stay on top of analysts' coverage with Analyst Ratings Network's FREE daily email newsletter that provides a concise list of analysts' upgrades and downgrades. Click here to register now.