FirstGroup plc (FGP) Receives Consensus Rating of “Hold” from Brokerages

FirstGroup plc (LON:FGP) has been assigned a consensus rating of “Hold” from the eleven analysts that are presently covering the stock, Marketbeat Ratings reports. Eight equities research analysts have rated the stock with a hold rating and three have given a buy rating to the company. The average 12 month target price among brokerages that have issued a report on the stock in the last year is GBX 99.38 ($1.30).

Several equities analysts have recently weighed in on FGP shares. Liberum Capital reissued a “buy” rating and issued a GBX 130 ($1.70) price target on shares of FirstGroup in a research note on Monday, January 28th. JPMorgan Chase & Co. decreased their price target on shares of FirstGroup from GBX 163 ($2.13) to GBX 133 ($1.74) and set an “overweight” rating on the stock in a research note on Wednesday, November 14th.

LON FGP traded down GBX 0.15 ($0.00) during mid-day trading on Friday, reaching GBX 92.35 ($1.21). 1,750,221 shares of the stock were exchanged, compared to its average volume of 3,850,000. FirstGroup has a 1 year low of GBX 77.60 ($1.01) and a 1 year high of GBX 154.50 ($2.02).

FirstGroup (LON:FGP) last announced its quarterly earnings results on Tuesday, November 13th. The transport operator reported GBX 2.90 ($0.04) earnings per share (EPS) for the quarter.

About FirstGroup

FirstGroup plc provides passenger transport services. The company's First Student segment provides student transportation services through a fleet of approximately 44,000 yellow school buses in North America. This segment also offers charter hire services for school and non-school activities. Its First Transit segment offers public transit management and contracting services, including fixed route, paratransit, shuttle, and vehicle maintenance services to transit authorities, such as federal, state, and local transportation departments, as well as for private institutions, including universities, hospitals, and airports in North America.

Featured Story: Stop Order Uses For Individual Investors

Analyst Recommendations for FirstGroup (LON:FGP)

Receive News & Ratings for FirstGroup Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for FirstGroup and related companies with MarketBeat.com's FREE daily email newsletter.

Comments

Leave a Reply


share news on Facebook
tweet this investment news
share on linkedin
share on StockTwits
share on reddit