FirstGroup plc’s (FGP) Buy Rating Reaffirmed at Liberum Capital

Liberum Capital reaffirmed their buy rating on shares of FirstGroup plc (LON:FGP) in a research report released on Thursday, May 11th. The brokerage currently has a GBX 150 ($1.95) price target on the transport operator’s stock.

A number of other research firms have also recently commented on FGP. JPMorgan Chase & Co. boosted their price target on FirstGroup plc from GBX 151 ($1.96) to GBX 160 ($2.08) and gave the stock an overweight rating in a report on Wednesday, May 10th. HSBC Holdings plc lifted their price objective on FirstGroup plc from GBX 130 ($1.69) to GBX 145 ($1.89) and gave the stock a hold rating in a research note on Friday, April 28th. Barclays PLC reaffirmed an equal weight rating and issued a GBX 130 ($1.69) price objective on shares of FirstGroup plc in a research note on Wednesday, March 29th. Royal Bank of Canada lifted their price objective on FirstGroup plc from GBX 90 ($1.17) to GBX 125 ($1.63) and gave the stock an underperform rating in a research note on Wednesday, April 5th. Finally, Canaccord Genuity boosted their target price on FirstGroup plc from GBX 110 ($1.43) to GBX 125 ($1.63) and gave the company a buy rating in a research report on Tuesday, March 28th. Two research analysts have rated the stock with a sell rating, two have given a hold rating, four have given a buy rating and one has issued a strong buy rating to the company’s stock. FirstGroup plc presently has a consensus rating of Hold and an average price target of GBX 137.13 ($1.78).

Shares of FirstGroup plc (LON:FGP) traded up 2.06% on Thursday, reaching GBX 153.40. 2,550,594 shares of the company traded hands. FirstGroup plc has a one year low of GBX 87.75 and a one year high of GBX 154.50. The firm has a 50-day moving average price of GBX 138.46 and a 200 day moving average price of GBX 117.96. The company’s market capitalization is GBX 1.85 billion.

COPYRIGHT VIOLATION NOTICE: “FirstGroup plc’s (FGP) Buy Rating Reaffirmed at Liberum Capital” was first posted by BBNS and is owned by of BBNS. If you are accessing this piece of content on another domain, it was illegally stolen and republished in violation of U.S. and international trademark and copyright law. The legal version of this piece of content can be viewed at https://baseballnewssource.com/markets/firstgroup-plc-fgp-earns-buy-rating-from-liberum-capital-updated/772933.html.

In related news, insider Richard Adam purchased 10,000 shares of the company’s stock in a transaction that occurred on Tuesday, March 7th. The shares were purchased at an average price of GBX 121 ($1.57) per share, for a total transaction of £12,100 ($15,740.86). Also, insider Tim O’Toole purchased 6,395 shares of the company’s stock in a transaction that occurred on Friday, March 24th. The stock was bought at an average price of GBX 124 ($1.61) per share, for a total transaction of £7,929.80 ($10,315.86).

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.

12 Month Chart for LON:FGP

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 our FREE daily email newsletter.

 


Latest News

David Price and Red Sox to Meet Following Rehab Start
David Price and Red Sox to Meet Following Rehab Start
Lack of Offense Leading to Mediocrity for Boston Red Sox
Lack of Offense Leading to Mediocrity for Boston Red Sox
MLB and Facebook Announce Live Streaming for Games
MLB and Facebook Announce Live Streaming for Games
Can Anyway Stop the Houston Astros?
Can Anyway Stop the Houston Astros?
Kevin Pillar Turns from Defense to Offense
Kevin Pillar Turns from Defense to Offense
Chris Iannetta Hit in Face with 93mph Fastball
Chris Iannetta Hit in Face with 93mph Fastball


Leave a Reply

 
© 2006-2017 BBNS.