Go-Ahead Group plc (LON:GOG)‘s stock had its “buy” rating reaffirmed by investment analysts at Investec in a note issued to investors on Thursday. They currently have a GBX 2,250 ($28.67) price objective on the stock. Investec’s price objective would indicate a potential upside of 27.41% from the stock’s current price.
A number of other equities analysts have also recently weighed in on the stock. Canaccord Genuity restated a “buy” rating and set a GBX 2,500 ($31.85) price objective on shares of Go-Ahead Group plc in a research report on Thursday. Liberum Capital reiterated a “buy” rating and issued a GBX 1,975 ($25.16) target price on shares of Go-Ahead Group plc in a research report on Thursday. J P Morgan Chase & Co cut shares of Go-Ahead Group plc to a “neutral” rating and reduced their target price for the company from GBX 2,277 ($29.01) to GBX 1,951 ($24.86) in a research report on Wednesday, May 24th. HSBC Holdings plc reduced their target price on shares of Go-Ahead Group plc from GBX 2,200 ($28.03) to GBX 2,000 ($25.48) and set a “buy” rating for the company in a research report on Friday, April 28th. Finally, Barclays PLC reiterated an “equal weight” rating and issued a GBX 1,920 ($24.46) target price (down from GBX 1,975 ($25.16)) on shares of Go-Ahead Group plc in a research report on Monday, April 24th. One research analyst has rated the stock with a sell rating, three have assigned a hold rating and seven have issued a buy rating to the company. The company currently has a consensus rating of “Buy” and an average price target of GBX 2,159.11 ($27.51).
Go-Ahead Group plc (LON GOG) opened at 1763.00 on Thursday. The stock’s market capitalization is GBX 755.50 million. The firm has a 50 day moving average of GBX 1,821.14 and a 200-day moving average of GBX 1,979.67. Go-Ahead Group plc has a 52 week low of GBX 1,686.00 and a 52 week high of GBX 2,344.00.
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In other Go-Ahead Group plc news, insider Adrian J. H. Ewer bought 2,864 shares of Go-Ahead Group plc stock in a transaction dated Friday, April 7th. The stock was acquired at an average cost of GBX 1,737 ($22.13) per share, for a total transaction of £49,747.68 ($63,380.91). Insiders bought 2,880 shares of company stock valued at $5,004,064 over the last quarter.
Go-Ahead Group plc Company Profile
The Go-Ahead Group plc is a public transport provider. The Company is a bus operator in the United Kingdom both in and outside London. The Company operates through three segments: regional bus, London bus and rail. The regional bus segment comprises bus operations outside London. The London bus segment comprises bus operations in London under control of Transport for London (TfL), and rail replacement and other contracted services in London.
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