Go-Ahead Group plc Given Buy Rating at Panmure Gordon (GOG)
Go-Ahead Group plc (LON:GOG)‘s stock had its “buy” rating reaffirmed by investment analysts at Panmure Gordon in a note issued to investors on Thursday. They currently have a GBX 2,500 ($41.37) price objective on the stock. Panmure Gordon’s price target would indicate a potential upside of 10.18% from the stock’s previous close.
Shares of Go-Ahead Group plc (LON:GOG) traded down 0.93% during mid-day trading on Thursday, hitting GBX 2249.00. 12,113 shares of the company’s stock traded hands. Go-Ahead Group plc has a 52-week low of GBX 1465.00 and a 52-week high of GBX 2442.00. The stock has a 50-day moving average of GBX 2243.42 and a 200-day moving average of GBX 2128.83. The company’s market cap is £962.5 million.
A number of other firms have also recently commented on GOG. Analysts at RBC Capital reiterated a “sector performer” rating on shares of Go-Ahead Group plc in a research note on Tuesday, June 24th. They now have a GBX 2,400 ($39.72) price target on the stock. Separately, analysts at HSBC reiterated an “overweight” rating on shares of Go-Ahead Group plc in a research note on Friday, June 20th. They now have a GBX 2,580 ($42.69) price target on the stock. Finally, analysts at JPMorgan Chase & Co. reiterated an “overweight” rating on shares of Go-Ahead Group plc in a research note on Friday, June 20th. They now have a GBX 2,600 ($43.02) price target on the stock, up previously from GBX 2,470 ($40.87). Five equities research analysts have rated the stock with a hold rating, seven have assigned a buy rating and one has issued a strong buy rating to the company. The company currently has a consensus rating of “Buy” and an average price target of GBX 2,276.25 ($37.67).
The Go-Ahead Group plc is a United Kingdom-based company engaged in the provision of passenger transport services.
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