Shares of Firstgroup plc (LON:FGP) have earned an average recommendation of “Hold” from the thirteen research firms that are presently covering the company, MarketBeat reports. Nine research analysts have rated the stock with a hold rating and four have assigned a buy rating to the company. The average twelve-month target price among brokers that have issued a report on the stock in the last year is GBX 137.36 ($1.85).
Several brokerages recently issued reports on FGP. HSBC reaffirmed a “hold” rating on shares of Firstgroup in a research report on Thursday, November 30th. Liberum Capital reaffirmed a “buy” rating and set a GBX 165 ($2.22) target price on shares of Firstgroup in a research report on Tuesday, November 14th. Shore Capital reaffirmed a “buy” rating on shares of Firstgroup in a research report on Tuesday, November 14th. Jefferies Group reduced their target price on Firstgroup from GBX 155 ($2.09) to GBX 120 ($1.62) and set a “hold” rating on the stock in a research report on Monday, November 27th. Finally, Royal Bank of Canada raised Firstgroup to a “sector performer” rating and reduced their target price for the company from GBX 115 ($1.55) to GBX 110 ($1.48) in a research report on Thursday, November 16th.
In other news, insider Tim O’Toole purchased 7,803 shares of the company’s stock in a transaction on Wednesday, October 25th. The shares were acquired at an average price of GBX 107 ($1.44) per share, for a total transaction of £8,349.21 ($11,237.16). In the last quarter, insiders have acquired 28,361 shares of company stock worth $3,072,853.
Firstgroup (LON FGP) opened at GBX 107.70 ($1.45) on Friday. The company has a market capitalization of $1,300.00 and a price-to-earnings ratio of 1,196.67. Firstgroup has a 1 year low of GBX 97.45 ($1.31) and a 1 year high of GBX 154.50 ($2.08).
Firstgroup (LON:FGP) last announced its earnings results on Tuesday, November 14th. The transport operator reported GBX 1.90 ($0.03) earnings per share (EPS) for the quarter, beating the Thomson Reuters’ consensus estimate of GBX 1.50 ($0.02) by GBX 0.40 ($0.01). Firstgroup had a return on equity of 0.21% and a net margin of 0.04%. The company had revenue of GBX 277.13 billion for the quarter.
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Firstgroup Company Profile
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.
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