HSBC Holdings plc Lowers Go-Ahead Group plc (GOG) Price Target to GBX 1,940
Go-Ahead Group plc (LON:GOG) had its price objective lowered by equities research analysts at HSBC Holdings plc from GBX 1,970 ($26.56) to GBX 1,940 ($26.16) in a research note issued to investors on Wednesday, MarketBeat.com reports. The brokerage presently has a “buy” rating on the stock. HSBC Holdings plc’s price objective indicates a potential upside of 19.75% from the stock’s current price.
Several other analysts have also commented on the stock. Liberum Capital reissued a “buy” rating and set a GBX 1,975 ($26.63) target price on shares of Go-Ahead Group plc in a research note on Friday, June 30th. J P Morgan Chase & Co lowered shares of Go-Ahead Group plc to an “underweight” rating and cut their target price for the company from GBX 1,882 ($25.37) to GBX 1,355 ($18.27) in a research note on Friday, September 8th. Barclays PLC reissued an “equal weight” rating on shares of Go-Ahead Group plc in a research note on Friday, June 23rd. Investec reissued a “buy” rating and set a GBX 2,250 ($30.34) target price on shares of Go-Ahead Group plc in a research note on Friday, June 2nd. Finally, Canaccord Genuity reissued a “buy” rating and set a GBX 2,500 ($33.71) target price on shares of Go-Ahead Group plc in a research note on Thursday, June 22nd. Two investment analysts have rated the stock with a sell rating, two have given a hold rating and seven have given a buy rating to the company. Go-Ahead Group plc has an average rating of “Hold” and a consensus target price of GBX 1,973.89 ($26.61).
Go-Ahead Group plc (LON:GOG) opened at 1620.00 on Wednesday. The firm’s market capitalization is GBX 695.22 million. Go-Ahead Group plc has a 12 month low of GBX 1,442.00 and a 12 month high of GBX 2,344.00. The company’s 50 day moving average price is GBX 1,718.78 and its 200 day moving average price is GBX 1,762.94.
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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