FirstGroup plc Given New GBX 130 Price Target at Deutsche Bank (FGP)
Stock analysts at Deutsche Bank boosted their price objective on shares of FirstGroup plc (LON:FGP) from GBX 125 ($2.10) to GBX 130 ($2.19) in a report issued on Tuesday. The firm currently has a “hold” rating on the stock. Deutsche Bank’s price target would indicate a potential downside of 6.07% from the stock’s previous close.
A number of other analysts have also recently weighed in on FGP. Analysts at Jefferies Group cut their price target on shares of FirstGroup plc from GBX 139 ($2.34) to GBX 136 ($2.29) in a research note on Thursday, June 5th. They now have a “hold” rating on the stock. Finally, analysts at Liberum Capital reiterated a “buy” rating on shares of FirstGroup plc in a research note on Thursday, May 22nd. They now have a GBX 155 ($2.61) price target on the stock. Eleven analysts have rated the stock with a hold rating and three have given a buy rating to the stock. The stock currently has an average rating of “Hold” and an average target price of GBX 137.08 ($2.30).
FirstGroup plc (LON:FGP) traded up 0.87% on Tuesday, hitting GBX 139.60. 1,373,186 shares of the company’s stock traded hands. FirstGroup plc has a 52-week low of GBX 90.30 and a 52-week high of GBX 146.139. The stock’s 50-day moving average is GBX 133.6 and its 200-day moving average is GBX 131.6. The company’s market cap is £1.681 billion.
FirstGroup plc is engaged in the provision of passenger transport services principally in the United Kingdom and North America together with some activities in other European countries, including Denmark.
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