Go-Ahead Group plc (LON:GOG) Given Average Recommendation of “Buy” by Analysts
Go-Ahead Group plc (LON:GOG) has been assigned a consensus rating of “Buy” from the fourteen analysts that are covering the stock. One research analyst has rated the stock with a sell recommendation, two have given a hold recommendation and ten have issued a buy recommendation on the company. The average 12 month price objective among brokerages that have covered the stock in the last year is GBX 2,604.08 ($33.99).
Several equities analysts have recently commented on the company. JPMorgan Chase & Co. restated a “neutral” rating and issued a GBX 2,521 ($32.91) price objective on shares of Go-Ahead Group plc in a research report on Wednesday, May 25th. Jefferies Group reduced their target price on Go-Ahead Group plc from GBX 2,775 ($36.22) to GBX 2,665 ($34.79) and set a “buy” rating on the stock in a report on Tuesday, September 13th. HSBC reduced their target price on Go-Ahead Group plc from GBX 2,850 ($37.20) to GBX 2,310 ($30.15) and set a “buy” rating on the stock in a report on Thursday, June 16th. Investec reaffirmed a “buy” rating and issued a GBX 2,500 ($32.63) target price on shares of Go-Ahead Group plc in a report on Friday, September 2nd. Finally, Liberum Capital reaffirmed a “hold” rating and issued a GBX 2,740 ($35.77) target price on shares of Go-Ahead Group plc in a report on Friday, September 2nd.
Go-Ahead Group plc (LON:GOG) traded up 0.10% during midday trading on Wednesday, reaching GBX 2033.00. The company’s stock had a trading volume of 69,018 shares. The firm’s market cap is GBX 871.95 million. The company’s 50-day moving average is GBX 1,971.38 and its 200 day moving average is GBX 2,269.82. Go-Ahead Group plc has a 12-month low of GBX 1,775.00 and a 12-month high of GBX 2,758.00.
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The firm also recently announced a dividend, which will be paid on Friday, November 25th. Stockholders of record on Thursday, November 10th will be paid a dividend of GBX 67.52 ($0.88) per share. This is a boost from Go-Ahead Group plc’s previous dividend of $28.33. The ex-dividend date of this dividend is Thursday, November 10th. This represents a dividend yield of 3.06%.
Go-Ahead Group plc Company Profile
The Go-Ahead Group plc is a United Kingdom-based public transport operator, which provides services in the bus and rail sectors. The Company operates in three segments: regional bus, London bus and rail. The regional bus segment is engaged in the bus operations outside London. The London bus segment is engaged in the bus operations in London under control of Transport for London (TfL) and also rail replacement and other contracted services in London.
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