Go-Ahead Group plc (GOG) Receives Average Recommendation of “Buy” from Analysts

Go-Ahead Group plc (LON:GOG) has earned a consensus rating of “Buy” from the twelve ratings firms that are presently covering the firm, MarketBeat Ratings reports. 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 company. The average twelve-month price objective among analysts that have issued a report on the stock in the last year is GBX 1,918.75 ($26.94).

GOG has been the topic of several recent research reports. reaffirmed a “buy” rating and issued a GBX 1,940 ($27.24) target price on shares of Go-Ahead Group in a research note on Friday, November 3rd. JPMorgan Chase & Co. lifted their price objective on shares of Go-Ahead Group from GBX 1,355 ($19.03) to GBX 1,360 ($19.10) and gave the stock an “underweight” rating in a research note on Monday, December 4th. Liberum Capital reissued a “buy” rating and set a GBX 1,810 ($25.42) price objective on shares of Go-Ahead Group in a research note on Wednesday, November 8th. HSBC reissued a “buy” rating on shares of Go-Ahead Group in a research note on Thursday, November 30th. Finally, reissued a “buy” rating and set a GBX 1,940 ($27.24) price objective on shares of Go-Ahead Group in a research note on Friday, November 3rd.

In other Go-Ahead Group news, insider David Brown sold 5,444 shares of the firm’s stock in a transaction that occurred on Wednesday, November 22nd. The shares were sold at an average price of GBX 1,623 ($22.79), for a total transaction of £88,356.12 ($124,078.25). Also, insider Ian P. Butcher bought 3,300 shares of the company’s stock in a transaction on Tuesday, December 19th. The shares were bought at an average price of GBX 1,522 ($21.37) per share, for a total transaction of £50,226 ($70,532.23). Insiders have acquired a total of 3,328 shares of company stock worth $5,067,690 over the last 90 days.

Shares of Go-Ahead Group (GOG) traded down GBX 44 ($0.62) during midday trading on Friday, hitting GBX 1,567 ($22.01). 64,900 shares of the stock traded hands, compared to its average volume of 78,384. The company has a market cap of $675.77 and a price-to-earnings ratio of 757.00. Go-Ahead Group has a one year low of GBX 1,442 ($20.25) and a one year high of GBX 2,344 ($32.92).

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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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