Go-Ahead Group plc (LON:GOG) was downgraded by JPMorgan Chase & Co. to a “neutral” rating in a research report issued on Wednesday. They presently have a GBX 1,951 ($25.38) price target on the stock, down from their previous price target of GBX 2,277 ($29.62). JPMorgan Chase & Co.’s price target would indicate a potential upside of 7.20% from the company’s previous close.

Several other equities analysts have also weighed in on the stock. Liberum Capital reaffirmed a “buy” rating and set a GBX 1,975 ($25.69) target price on shares of Go-Ahead Group plc in a report on Monday. HSBC Holdings plc cut their target price on shares of Go-Ahead Group plc from GBX 2,200 ($28.62) to GBX 2,000 ($26.02) and set a “buy” rating for the company in a report on Friday, April 28th. Barclays PLC reaffirmed an “equal weight” rating and set a GBX 1,920 ($24.98) target price (down from GBX 1,975 ($25.69)) on shares of Go-Ahead Group plc in a report on Monday, April 24th. Canaccord Genuity reaffirmed a “buy” rating and set a GBX 2,500 ($32.52) target price on shares of Go-Ahead Group plc in a report on Thursday, April 20th. Finally, Shore Capital reaffirmed a “buy” rating on shares of Go-Ahead Group plc in a report on Thursday, April 20th. One investment analyst has rated the stock with a sell rating, three have given a hold rating and seven have assigned a buy rating to the company’s stock. The company presently has a consensus rating of “Buy” and an average price target of GBX 2,197.33 ($28.59).

Analyst Recommendations for Go-Ahead Group plc (LON:GOG)

Shares of Go-Ahead Group plc (LON:GOG) traded down 1.73% during mid-day trading on Wednesday, reaching GBX 1820.00. 272,431 shares of the company’s stock were exchanged. Go-Ahead Group plc has a one year low of GBX 1,686.00 and a one year high of GBX 2,621.00. The company’s market capitalization is GBX 779.92 million. The company’s 50-day moving average price is GBX 1,789.34 and its 200-day moving average price is GBX 2,014.93.

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In related news, insider Adrian J. H. Ewer purchased 2,864 shares of the business’s stock in a transaction that occurred on Friday, April 7th. The stock was bought at an average price of GBX 1,737 ($22.60) per share, with a total value of £49,747.68 ($64,716.64). Also, insider Paul Edwards purchased 300 shares of the business’s stock in a transaction that occurred on Wednesday, March 15th. The stock was bought at an average cost of GBX 1,708 ($22.22) per share, with a total value of £5,124 ($6,665.80). In the last three months, insiders purchased 9,026 shares of company stock valued at $16,424,158.

Go-Ahead Group plc Company Profile

The Go-Ahead Group plc is a public transport provider. The Company is a bus operator in the United Kingdom both in and outside London. The Company operates through three segments: regional bus, London bus and rail. The regional bus segment comprises bus operations outside London. The London bus segment comprises bus operations in London under control of Transport for London (TfL), and rail replacement and other contracted services in London.

12 Month Chart for LON:GOG

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