Go-Ahead Group plc Receives Overweight Rating from HSBC (GOG)
Go-Ahead Group plc (LON:GOG)‘s stock had its “overweight” rating reaffirmed by equities research analysts at HSBC in a research note issued to investors on Friday. They currently have a GBX 2,580 ($43.80) price target on the stock. HSBC’s price target would indicate a potential upside of 14.41% from the stock’s previous close.
Several other analysts have also recently commented on the stock. Analysts at JPMorgan Chase & Co. reiterated an “overweight” rating on shares of Go-Ahead Group plc in a research note on Friday. Separately, analysts at Panmure Gordon reiterated a “buy” rating on shares of Go-Ahead Group plc in a research note on Thursday. They now have a GBX 2,500 ($42.44) price target on the stock. Finally, analysts at Investec raised their price target on shares of Go-Ahead Group plc from GBX 2,630 ($44.64) to GBX 2,670 ($45.32) in a research note on Thursday. They now have a “buy” rating on the stock. Five analysts have rated the stock with a hold rating, seven have given a buy rating and one has given a strong buy rating to the company’s stock. The company currently has an average rating of “Buy” and an average target price of GBX 2,242.27 ($38.06).
Go-Ahead Group plc (LON:GOG) opened at 2297.45 on Friday. Go-Ahead Group plc has a 52 week low of GBX 1363.00 and a 52 week high of GBX 2297.00. The stock has a 50-day moving average of GBX 2089.08 and a 200-day moving average of GBX 1971.. The company’s market cap is £983.3 million.
The Go-Ahead Group plc is a United Kingdom-based company engaged in the provision of passenger transport services.
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