Go-Ahead Group plc Given New GBX 2,550 Price Target at Goldman Sachs (GOG)
Investment analysts at Goldman Sachs boosted their price objective on shares of Go-Ahead Group plc (LON:GOG) from GBX 2,310 ($38.88) to GBX 2,550 ($42.92) in a note issued to investors on Wednesday. The firm currently has a “strong-buy” rating on the stock. Goldman Sachs’ target price suggests a potential upside of 20.23% from the stock’s previous close.
A number of other firms have also recently commented on GOG. Analysts at JPMorgan Chase & Co. raised their price target on shares of Go-Ahead Group plc from GBX 2,200 ($37.03) to GBX 2,470 ($41.58) in a research note on Tuesday. They now have an “overweight” rating on the stock. Separately, analysts at Investec raised their price target on shares of Go-Ahead Group plc from GBX 2,300 ($38.71) to GBX 2,630 ($44.27) in a research note on Friday, May 23rd. They now have a “buy” rating on the stock. Finally, analysts at Jefferies Group reiterated a “buy” rating on shares of Go-Ahead Group plc in a research note on Monday, May 12th. They now have a GBX 2,425 ($40.82) price target on the stock. One equities research analyst has rated the stock with a sell rating, six have assigned a hold rating, six have issued a buy rating and one has given a strong buy rating to the company. The company presently has a consensus rating of “Buy” and an average target price of GBX 1,976.15 ($33.26).
Shares of Go-Ahead Group plc (LON:GOG) traded up 0.47% during mid-day trading on Wednesday, hitting GBX 2131.00. 42,017 shares of the company’s stock traded hands. Go-Ahead Group plc has a 1-year low of GBX 1363.00 and a 1-year high of GBX 2200.00. The stock has a 50-day moving average of GBX 1981. and a 200-day moving average of GBX 1902.. The company’s market cap is £912.0 million.
The Go-Ahead Group plc is a United Kingdom-based company engaged in the provision of passenger transport services.
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