Go-Ahead Group plc (GOG) Earns “Buy” Rating from Jefferies Group LLC
Go-Ahead Group plc (LON:GOG)‘s stock had its “buy” rating restated by research analysts at Jefferies Group LLC in a note issued to investors on Friday. They currently have a GBX 2,425 ($31.32) target price on the stock. Jefferies Group LLC’s target price would suggest a potential upside of 55.05% from the company’s previous close.
GOG has been the topic of several other research reports. Investec reiterated a “buy” rating and set a GBX 2,250 ($29.06) price objective on shares of Go-Ahead Group plc in a research note on Thursday, June 22nd. Liberum Capital reiterated a “buy” rating and set a GBX 1,910 ($24.67) price objective on shares of Go-Ahead Group plc in a research note on Thursday. Royal Bank Of Canada dropped their price objective on shares of Go-Ahead Group plc from GBX 1,925 ($24.86) to GBX 1,900 ($24.54) and set a “sector performer” rating on the stock in a research note on Friday, June 23rd. Canaccord Genuity reiterated a “buy” rating and set a GBX 2,500 ($32.29) price objective on shares of Go-Ahead Group plc in a research note on Thursday, June 22nd. Finally, J P Morgan Chase & Co lowered shares of Go-Ahead Group plc to a “neutral” rating and dropped their price target for the company from GBX 2,277 ($29.41) to GBX 1,951 ($25.20) in a research note on Wednesday, May 24th. Two research analysts have rated the stock with a sell rating, three have assigned a hold rating and seven have assigned a buy rating to the stock. The company has an average rating of “Hold” and an average target price of GBX 2,080 ($26.86).
Shares of Go-Ahead Group plc (GOG) traded up 0.90% during trading on Friday, reaching GBX 1564.00. The company had a trading volume of 359,510 shares. The stock’s market capitalization is GBX 670.22 million. The stock has a 50 day moving average of GBX 1,752.46 and a 200 day moving average of GBX 1,797.03. Go-Ahead Group plc has a 52-week low of GBX 1,442.00 and a 52-week high of GBX 2,344.00.
Go-Ahead Group plc (LON:GOG) last released its quarterly earnings data on Thursday, September 7th. The company reported $2.07 earnings per share for the quarter, missing the consensus estimate of $2.09 by $0.02. Go-Ahead Group plc had a return on equity of 52.90% and a net margin of 3.28%. Equities research analysts forecast that Go-Ahead Group plc will post $195.50 EPS for the current year.
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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.
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