FirstGroup plc (FGP) Receives Average Recommendation of “Hold” from Analysts
FirstGroup plc (LON:FGP) has been given a consensus rating of “Hold” by the twelve ratings firms that are currently covering the firm, Marketbeat.com reports. Two equities research analysts have rated the stock with a sell recommendation, five have assigned a hold recommendation, four have issued a buy recommendation and one has given a strong buy recommendation to the company. The average 1-year target price among brokerages that have issued ratings on the stock in the last year is GBX 147.70 ($1.99).
Several research firms recently commented on FGP. Liberum Capital restated a “buy” rating and set a GBX 165 ($2.22) target price on shares of FirstGroup plc in a research report on Wednesday, July 19th. Jefferies Group LLC restated a “hold” rating and set a GBX 150 ($2.02) target price on shares of FirstGroup plc in a research report on Monday, June 5th.
Shares of FirstGroup plc (LON FGP) opened at 117.00 on Friday. FirstGroup plc has a 12-month low of GBX 99.18 and a 12-month high of GBX 154.50. The stock’s 50 day moving average price is GBX 115.46 and its 200 day moving average price is GBX 127.54. The firm’s market capitalization is GBX 1.41 billion.
In other news, insider Martha Poulter acquired 60,000 shares of the business’s stock in a transaction dated Friday, July 21st. The stock was purchased at an average cost of GBX 117 ($1.57) per share, for a total transaction of £70,200 ($94,405.59). Also, insider Tim O’Toole acquired 7,221 shares of the business’s stock in a transaction dated Tuesday, July 25th. The stock was purchased at an average price of GBX 115 ($1.55) per share, with a total value of £8,304.15 ($11,167.50). Insiders bought a total of 81,522 shares of company stock valued at $9,516,457 over the last quarter.
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FirstGroup plc Company Profile
FirstGroup plc is a transport operator in the United Kingdom and North America. The Company operates through five segments: First Student, First Transit, Greyhound, First Bus and First Rail. The First Student is a provider of student transportation in North America and operates a fleet of over 47,000 school buses, with over six million student journeys per school day.
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