FirstGroup (LON:FGP) Earns Outperform Rating from Royal Bank Of Canada

FirstGroup (LON:FGP)‘s stock had its “outperform” rating reiterated by equities researchers at Royal Bank Of Canada in a research note issued to investors on Monday,Digital Look reports. They currently have a GBX 255 price target on the transport operator’s stock. Royal Bank Of Canada’s target price suggests a potential upside of 39.82% from the company’s current price.

FirstGroup Trading Down 3.1%

Shares of FirstGroup stock opened at GBX 182.38 on Monday. The firm has a 50-day simple moving average of GBX 172.57 and a two-hundred day simple moving average of GBX 179. The company has a debt-to-equity ratio of 163.00, a quick ratio of 0.74 and a current ratio of 0.73. FirstGroup has a fifty-two week low of GBX 152.10 and a fifty-two week high of GBX 240.40. The company has a market cap of £990.56 million, a P/E ratio of 8.85, a price-to-earnings-growth ratio of 5.21 and a beta of 0.71.

FirstGroup (LON:FGP) last posted its earnings results on Thursday, June 18th. The transport operator reported GBX 20.30 EPS for the quarter. FirstGroup had a return on equity of 17.75% and a net margin of 2.49%.The firm had revenue of GBX 475.19 billion for the quarter. As a group, equities analysts predict that FirstGroup will post 17.3782772 earnings per share for the current fiscal year.

FirstGroup Company Profile

FirstGroup plc provides public transport services in the United Kingdom. The company operates through First Bus and First Rail segments. The First Bus segment offers local bus services with a fleet of approximately 4,900 buses in the United Kingdom. The First Rail segment operates a passenger rail network that provides long-distance, commuter, regional, and sleeper services through a portfolio of Great Western Railway, South Western Railway, TransPennine Express, and Avanti West Coast franchises; and hull trains and Lumos.