Go-Ahead Group plc (GOG) Earns “Buy” Rating from HSBC Holdings plc
Go-Ahead Group plc (LON:GOG)‘s stock had its “buy” rating reiterated by research analysts at HSBC Holdings plc in a report issued on Friday. They currently have a GBX 1,940 ($25.60) target price on the stock. HSBC Holdings plc’s target price would indicate a potential upside of 8.62% from the stock’s current price.
Other analysts have also recently issued research reports about the stock. J P Morgan Chase & Co cut shares of Go-Ahead Group plc to an “underweight” rating and dropped their target price for the company from GBX 1,882 ($24.84) to GBX 1,355 ($17.88) in a research report on Friday, September 8th. Liberum Capital reiterated a “buy” rating and set a GBX 1,975 ($26.06) target price on shares of Go-Ahead Group plc in a research report on Thursday, July 13th. Jefferies Group LLC dropped their target price on shares of Go-Ahead Group plc from GBX 2,425 ($32.00) to GBX 2,070 ($27.32) and set a “buy” rating for the company in a research report on Friday, September 22nd. Finally, Canaccord Genuity dropped their target price 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 report on Monday, September 11th. One equities research analyst has rated the stock with a sell rating, two have issued a hold rating and seven have issued a buy rating to the company. The stock currently has a consensus rating of “Buy” and an average target price of GBX 1,973.89 ($26.05).
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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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