FirstGroup’s (FGP) Buy Rating Reaffirmed at Peel Hunt

by · The Cerbat Gem

FirstGroup (LON:FGP – Get Free Report)‘s stock had its “buy” rating reiterated by equities researchers at Peel Hunt in a report issued on Tuesday,London Stock Exchange reports. They currently have a GBX 245 target price on the transport operator’s stock. Peel Hunt’s price objective indicates a potential upside of 34.76% from the company’s previous close.

Separately, Panmure Gordon restated a “buy” rating and set a GBX 250 price target on shares of FirstGroup in a research note on Tuesday. Three investment analysts have rated the stock with a Buy rating, According to MarketBeat, FirstGroup currently has an average rating of “Buy” and an average target price of GBX 245.

View Our Latest Report on FGP

FirstGroup Stock Performance

FirstGroup stock traded down GBX 18.60 on Tuesday, hitting GBX 181.80. The company’s stock had a trading volume of 66,513,750 shares, compared to its average volume of 2,805,002. FirstGroup has a one year low of GBX 136.61 and a one year high of GBX 240.40. The firm has a market cap of £987.41 million, a P/E ratio of 8.87, a price-to-earnings-growth ratio of 5.21 and a beta of 1.59. The company has a quick ratio of 0.74, a current ratio of 0.69 and a debt-to-equity ratio of 257.49. The company has a fifty day moving average price of GBX 212.81 and a 200-day moving average price of GBX 213.13.

FirstGroup (LON:FGP – Get Free Report) last released its quarterly earnings data on Tuesday, November 18th. The transport operator reported GBX 9.90 EPS for the quarter. FirstGroup had a negative net margin of 0.34% and a negative return on equity of 2.54%. On average, equities analysts anticipate that FirstGroup will post 17.3782772 earnings per share for the current year.

FirstGroup Company Profile

(Get Free Report)

FirstGroup plc provides public transport services in the United Kingdom. The company operates through First Bus and First Rail segments. The First Bus segment offers local bus services with a fleet of approximately 4,900 buses in the United Kingdom. The First Rail segment operates a passenger rail network that provides long-distance, commuter, regional, and sleeper services through a portfolio of Great Western Railway, South Western Railway, TransPennine Express, and Avanti West Coast franchises; and hull trains and Lumos.

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