FirstGroup plc Receives “Overweight” Rating from JPMorgan Chase & Co. (FGP)
FirstGroup plc (LON:FGP)‘s stock had its “overweight” rating reaffirmed by equities researchers at JPMorgan Chase & Co. in a research report issued on Monday, Analyst Ratings Net reports.
Shares of FirstGroup plc (LON:FGP) traded down 0.83% during mid-day trading on Monday, hitting GBX 131.00. The stock had a trading volume of 2,320,543 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 127.7 and its 200-day moving average is GBX 117.7. The company’s market cap is £1.577 billion.
A number of other analysts have also recently weighed in on FGP. Analysts at HSBC reiterated a “neutral” rating on shares of FirstGroup plc in a research note to investors on Monday. They now have a GBX 150 ($2.47) price target on the stock. Separately, analysts at UBS AG reiterated a “neutral” rating on shares of FirstGroup plc in a research note to investors on Friday. They now have a GBX 120 ($1.98) price target on the stock. Finally, analysts at Jefferies Group reiterated a “hold” rating on shares of FirstGroup plc in a research note to investors on Friday. They now have a GBX 125 ($2.06) price target on the stock. Twelve equities research analysts have rated the stock with a hold rating and six have issued a buy rating to the stock. The company currently has an average rating of “Hold” and a consensus target price of GBX 141.15 ($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.
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