FirstGroup plc (LON:FGP) insider Matthew Gregory bought 83,440 shares of the company’s stock in a transaction on Friday, September 6th. The shares were acquired at an average price of GBX 130 ($1.70) per share, with a total value of £108,472 ($141,737.88).
Shares of LON:FGP opened at GBX 130.40 ($1.70) on Thursday. 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 plc has a 52-week low of GBX 77.95 ($1.02) and a 52-week high of GBX 132.91 ($1.74). The stock’s fifty day simple moving average is GBX 119.70 and its 200-day simple moving average is GBX 105.70. The company has a market capitalization of $1.58 billion and a P/E ratio of -23.71.
Several analysts have issued reports on FGP shares. Royal Bank of Canada reaffirmed an “outperform” rating on shares of FirstGroup in a report on Tuesday, June 25th. JPMorgan Chase & Co. lowered their price target on shares of FirstGroup from GBX 145 ($1.89) to GBX 142 ($1.86) and set an “overweight” rating on the stock in a research report on Thursday, August 15th. Liberum Capital raised their price objective on shares of FirstGroup from GBX 130 ($1.70) to GBX 140 ($1.83) and gave the stock a “buy” rating in a research note on Wednesday, August 14th. Finally, Canaccord Genuity lifted their price objective on FirstGroup from GBX 109 ($1.42) to GBX 124 ($1.62) and gave the stock a “hold” rating in a research report on Wednesday, August 21st. Three analysts have rated the stock with a hold rating and four have given a buy rating to the stock. FirstGroup currently has a consensus rating of “Buy” and a consensus price target of GBX 124.14 ($1.62).
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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