FirstGroup plc (FGP) Given Hold Rating at HSBC Holdings plc
FirstGroup plc (LON:FGP)‘s stock had its “hold” rating reissued by investment analysts at HSBC Holdings plc in a report released on Friday. They currently have a GBX 160 ($2.11) target price on the transport operator’s stock.
Separately, Liberum Capital reaffirmed a “buy” rating and set a GBX 165 ($2.18) target price on shares of FirstGroup plc in a report on Tuesday, July 11th. Two equities research analysts have rated the stock with a sell rating, five have assigned a hold rating and four have given a buy rating to the stock. The stock has an average rating of “Hold” and an average target price of GBX 147.11 ($1.94).
In related news, insider Tim O’Toole purchased 7,175 shares of the company’s stock in a transaction dated Monday, September 25th. The shares were acquired at an average cost of GBX 116 ($1.53) per share, for a total transaction of £8,323 ($10,983.11). Insiders have bought a total of 22,104 shares of company stock worth $2,500,963 over the last quarter.
About FirstGroup plc
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.
Receive News & Ratings for FirstGroup plc Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for FirstGroup plc and related companies with MarketBeat.com's FREE daily email newsletter.