Go-Ahead Group PT Raised to GBX 2,000 at Panmure Gordon (GOG)
Investment analysts at Panmure Gordon boosted their target price on shares of Go-Ahead Group (LON:GOG) from GBX 1,570 ($26.31) to GBX 2,000 ($33.52) in a note issued to investors on Thursday, AnalystRatings.NET reports. The firm currently has a “hold” rating on the stock. Panmure Gordon’s target price points to a potential downside of 5.21% from the stock’s previous close.
Other equities research analysts have also recently issued reports about the stock. Analysts at Investec raised their price target on shares of Go-Ahead Group from GBX 1,820 ($30.50) to GBX 2,300 ($38.55) in a research note on Thursday. They now have a “buy” rating on the stock. Separately, analysts at Jefferies Group reiterated a “buy” rating on shares of Go-Ahead Group in a research note on Thursday. They now have a GBX 1,825 ($30.58) price target on the stock. Finally, analysts at Goldman Sachs upgraded shares of Go-Ahead Group to a “buy” rating in a research note on Thursday. One research analyst has rated the stock with a sell rating, four have given a hold rating and ten have assigned a buy rating to the company’s stock. The stock presently has an average rating of “Buy” and a consensus target price of GBX 1,835.23 ($30.76).
Shares of Go-Ahead Group (LON:GOG) opened at 2088.25 on Thursday. Go-Ahead Group has a 1-year low of GBX 1354.89 and a 1-year high of GBX 2105.00. The stock has a 50-day moving average of GBX 1942.81 and a 200-day moving average of GBX 1702.. The company’s market cap is £893.8 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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