FirstGroup’s (FGP) Outperform Rating Reiterated at Royal Bank of Canada

FirstGroup (LON:FGP)‘s stock had its “outperform” rating reaffirmed by equities researchers at Royal Bank of Canada in a research report issued on Tuesday, June 25th, Digital Look reports.

Several other equities analysts have also issued reports on FGP. Canaccord Genuity lifted their price target on from GBX 91 ($1.19) to GBX 109 ($1.42) and gave the stock a “hold” rating in a research report on Tuesday, June 4th. Jefferies Financial Group reaffirmed a “hold” rating on shares of COMPASS GRP PLC/S in a report on Tuesday, April 9th. Goldman Sachs Group cut Grupo Aeroportr dl Pcfco SAB de CV from a “buy” rating to a “sell” rating in a report on Tuesday, March 5th. Liberum Capital reaffirmed a “buy” rating and issued a GBX 119 ($1.55) price target on shares of in a report on Wednesday, June 26th. Finally, HSBC downgraded shares of SAP from a “buy” rating to a “hold” rating in a research note on Tuesday, April 9th. Four equities research analysts have rated the stock with a hold rating and four have assigned a buy rating to the company. FirstGroup currently has a consensus rating of “Buy” and a consensus target price of GBX 116.88 ($1.53).

FirstGroup stock traded up GBX 1 ($0.01) during mid-day trading on Tuesday, hitting GBX 108.50 ($1.42). The company’s stock had a trading volume of 804,537 shares, compared to its average volume of 3,850,000. The firm’s fifty day simple moving average is GBX 103.36. The firm has a market capitalization of $1.32 billion and a PE ratio of -19.73. FirstGroup has a twelve month low of GBX 77.95 ($1.02) and a twelve month high of GBX 125 ($1.63). The company has a quick ratio of 0.87, a current ratio of 1.01 and a debt-to-equity ratio of 108.25.

FirstGroup Company Profile

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.

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Analyst Recommendations for FirstGroup (LON:FGP)

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