Go-Ahead Group plc (GOG) Given Average Rating of “Buy” by Brokerages
Go-Ahead Group plc (LON:GOG) has earned an average rating of “Buy” from the ten analysts that are currently covering the firm, Marketbeat.com reports. One investment analyst has rated the stock with a sell rating, two have issued a hold rating and seven have given a buy rating to the company. The average 12 month target price among analysts that have updated their coverage on the stock in the last year is GBX 1,929.29 ($25.46).
GOG has been the subject of a number of recent research reports. J P Morgan Chase & Co downgraded shares of Go-Ahead Group plc to an “underweight” rating and dropped their price target for the stock from GBX 1,882 ($24.84) to GBX 1,355 ($17.88) in a research note on Friday, September 8th. Liberum Capital reissued a “buy” rating and set a GBX 1,910 ($25.20) price target on shares of Go-Ahead Group plc in a research note on Thursday, September 7th. Jefferies Group LLC reissued a “buy” rating and set a GBX 2,425 ($32.00) price target on shares of Go-Ahead Group plc in a research note on Friday, September 8th. HSBC Holdings plc dropped their price target on shares of Go-Ahead Group plc from GBX 1,970 ($26.00) to GBX 1,940 ($25.60) and set a “buy” rating for the company in a research note on Wednesday, September 20th. Finally, Canaccord Genuity dropped their price target on shares of Go-Ahead Group plc from GBX 2,350 ($31.01) to GBX 2,080 ($27.45) and set a “buy” rating for the company in a research note on Monday, September 11th.
Go-Ahead Group plc (LON GOG) traded down 1.14% on Wednesday, reaching GBX 1730.00. 59,693 shares of the company’s stock traded hands. The firm’s 50 day moving average price is GBX 1,672.59 and its 200 day moving average price is GBX 1,753.19. Go-Ahead Group plc has a 52-week low of GBX 1,442.00 and a 52-week high of GBX 2,344.00. The firm’s market capitalization is GBX 742.43 million.
The company also recently announced a dividend, which will be paid on Friday, November 24th. Shareholders of record on Thursday, November 9th will be paid a GBX 71.91 ($0.95) dividend. This represents a yield of 4.6%. The ex-dividend date is Thursday, November 9th. This is an increase from Go-Ahead Group plc’s previous dividend of $30.17.
About Go-Ahead Group plc
The Go-Ahead Group plc is a United Kingdom-based public passenger transport company for bus and rail services. The Group operates through three segments: regional bus, London bus and rail. The regional bus segment comprises commercial bus businesses outside of London. The London bus segment comprises tendered bus operations under control of Transport for London (TfL).
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