FirstGroup plc Receives Consensus Rating of “Hold” from Analysts (LON:FGP)
FirstGroup plc (LON:FGP) has been given a consensus recommendation of “Hold” by the fourteen brokerages that are covering the stock, American Banking News reports. Eleven analysts have rated the stock with a hold recommendation and three have assigned a buy recommendation to the company. The average twelve-month price target among brokers that have issued a report on the stock in the last year is GBX 136.75 ($2.30).
Shares of FirstGroup plc (LON:FGP) opened at 118.80 on Monday. FirstGroup plc has a 1-year low of GBX 105.10 and a 1-year high of GBX 146.139. The stock’s 50-day moving average is GBX 128.2 and its 200-day moving average is GBX 133.3. The company’s market cap is £1.431 billion.
Several analysts have recently commented on the stock. 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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