FirstGroup plc (FGP) Stock Rating Reaffirmed by Shore Capital

FirstGroup plc (LON:FGP)‘s stock had its “buy” rating reissued by research analysts at Shore Capital in a report released on Tuesday.

A number of other brokerages also recently commented on FGP. Liberum Capital reiterated a “buy” rating and issued a GBX 165 ($2.17) price objective on shares of FirstGroup plc in a research report on Wednesday, July 19th. reiterated a “hold” rating and issued a GBX 160 ($2.10) price objective on shares of FirstGroup plc in a research report on Friday, November 3rd. Two equities research analysts have rated the stock with a sell rating, seven have given a hold rating and four have assigned a buy rating to the company’s stock. FirstGroup plc currently has an average rating of “Hold” and a consensus target price of GBX 147.36 ($1.94).

Shares of FirstGroup plc (LON FGP) opened at GBX 102.70 ($1.35) on Tuesday. FirstGroup plc has a twelve month low of GBX 97.45 ($1.28) and a twelve month high of GBX 154.50 ($2.03).

FirstGroup plc (LON:FGP) last announced its quarterly earnings data on Tuesday, November 14th. The transport operator reported GBX 1.90 ($0.02) EPS for the quarter, topping the Zacks’ consensus estimate of GBX 1.50 ($0.02) by GBX 0.40 ($0.01). FirstGroup plc had a return on equity of 11.07% and a net margin of 3.46%. The company had revenue of GBX 277.13 billion during the quarter.

ILLEGAL ACTIVITY WARNING: “FirstGroup plc (FGP) Stock Rating Reaffirmed by Shore Capital” was reported by Markets Daily and is the property of of Markets Daily. If you are reading this story on another website, it was stolen and republished in violation of US and international trademark and copyright laws. The correct version of this story can be read at https://www.themarketsdaily.com/2017/11/16/firstgroup-plc-fgp-stock-rating-reaffirmed-by-shore-capital.html.

In other FirstGroup plc news, insider Tim O’Toole acquired 7,175 shares of the business’s stock in a transaction on Monday, September 25th. The stock was purchased at an average price of GBX 116 ($1.53) per share, for a total transaction of £8,323 ($10,946.99). In the last quarter, insiders acquired 22,104 shares of company stock valued at $2,500,963.

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.

Analyst Recommendations for FirstGroup plc (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 MarketBeat.com's FREE daily email newsletter.

Latest News

Leave a Reply