HSBC Reiterates “Buy” Rating for Go-Ahead Group (GOG)

Go-Ahead Group (LON:GOG)‘s stock had its “buy” rating restated by investment analysts at HSBC in a research report issued on Thursday.

A number of other research analysts have also weighed in on GOG. Liberum Capital reaffirmed a “buy” rating and set a GBX 1,810 ($24.24) price objective on shares of Go-Ahead Group in a report on Thursday. reaffirmed a “buy” rating and set a GBX 1,940 ($25.98) price objective on shares of Go-Ahead Group in a report on Friday, November 3rd. Canaccord Genuity dropped their price objective on Go-Ahead Group from GBX 2,350 ($31.47) to GBX 2,080 ($27.86) and set a “buy” rating on the stock in a report on Monday, September 11th. dropped their price objective on Go-Ahead Group from GBX 1,970 ($26.38) to GBX 1,940 ($25.98) and set a “buy” rating on the stock in a report on Wednesday, September 20th. Finally, Jefferies Group dropped their price objective on Go-Ahead Group from GBX 2,425 ($32.48) to GBX 2,070 ($27.72) and set a “buy” rating on the stock in a report on Friday, September 22nd. One investment analyst has rated the stock with a sell rating, two have given a hold rating and nine have assigned a buy rating to the stock. Go-Ahead Group has an average rating of “Buy” and an average price target of GBX 1,958.64 ($26.23).

Shares of Go-Ahead Group (GOG) traded down GBX 46 ($0.62) during mid-day trading on Thursday, reaching GBX 1,554 ($20.81). The company had a trading volume of 195,066 shares, compared to its average volume of 86,377. Go-Ahead Group has a 52-week low of GBX 1,442 ($19.31) and a 52-week high of GBX 2,344 ($31.39).

In other Go-Ahead Group news, insider David Brown sold 5,444 shares of the company’s stock in a transaction on Wednesday, November 22nd. The stock was sold at an average price of GBX 1,623 ($21.74), for a total value of £88,356.12 ($118,328.81). Also, insider Carolyn Ferguson sold 1,562 shares of the stock in a transaction on Monday, November 27th. The shares were sold at an average price of GBX 1,580 ($21.16), for a total value of £24,679.60 ($33,051.56). Insiders acquired 28 shares of company stock worth $46,313 in the last three months.

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Go-Ahead Group Company Profile

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).

Analyst Recommendations for Go-Ahead Group (LON:GOG)

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