FirstGroup plc Given Consensus Rating of “Hold” by Brokerages (LON:FGP)
FirstGroup plc (LON:FGP) has earned an average rating of “Hold” from the fourteen analysts that are covering the company, American Banking News.com reports. Eleven equities research analysts have rated the stock with a hold rating and three have assigned a buy rating to the company. The average 12-month price target among brokerages that have updated their coverage on the stock in the last year is GBX 136.75 ($2.30).
FirstGroup plc (LON:FGP) opened at 122.60 on Monday. FirstGroup plc has a 1-year low of GBX 102.40 and a 1-year high of GBX 146.139. The stock’s 50-day moving average is GBX 129.7 and its 200-day moving average is GBX 133.9. The company’s market cap is £1.476 billion.
A number of analysts have recently weighed in on FGP shares. Analysts at Nomura reiterated a “neutral” rating on shares of FirstGroup plc in a research note on Friday, July 25th. They now have a GBX 130 ($2.19) price target on the stock. Separately, analysts at RBC Capital raised their price target on shares of FirstGroup plc from GBX 130 ($2.19) to GBX 140 ($2.36) in a research note on Tuesday, July 15th. They now have a “sector performer” rating on the stock. Finally, analysts at Panmure Gordon reiterated a “hold” rating on shares of FirstGroup plc in a research note on Thursday, July 10th. They now have a GBX 126 ($2.12) price target on the stock.
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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