FirstGroup plc (LON:FGP) had its price objective lowered by Canaccord Genuity from GBX 135 ($1.78) to GBX 110 ($1.45) in a report issued on Wednesday morning. Canaccord Genuity currently has a hold rating on the transport operator’s stock.

Several other research firms also recently weighed in on FGP. Liberum Capital restated a buy rating and set a GBX 165 ($2.17) target price on shares of FirstGroup plc in a report on Wednesday, July 19th. Shore Capital restated a buy rating on shares of FirstGroup plc in a report on Tuesday, November 14th. J P Morgan Chase & Co dropped their target price on shares of FirstGroup plc from GBX 171 ($2.25) to GBX 163 ($2.14) and set an overweight rating for the company in a report on Wednesday. reaffirmed a hold rating and set a GBX 160 ($2.10) price target on shares of FirstGroup plc in a research note on Friday, November 3rd. Finally, HSBC Holdings PLC reaffirmed a hold rating and set a GBX 160 ($2.10) price target on shares of FirstGroup plc in a research note on Friday, November 3rd. Nine equities research analysts have rated the stock with a hold rating and four have given a buy rating to the stock. FirstGroup plc has a consensus rating of Hold and an average price target of GBX 142.17 ($1.87).

FirstGroup plc (FGP) opened at GBX 104.10 ($1.37) on Wednesday. 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 results on Tuesday, November 14th. The transport operator reported GBX 1.90 ($0.02) earnings per share (EPS) for the quarter, beating the Zacks’ consensus estimate of GBX 1.50 ($0.02) by GBX 0.40 ($0.01). The business had revenue of GBX 277.13 billion during the quarter. FirstGroup plc had a net margin of 3.46% and a return on equity of 11.07%.

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In other FirstGroup plc news, insider Tim O’Toole purchased 7,126 shares of FirstGroup plc stock in a transaction on Friday, August 25th. The shares were purchased at an average cost of GBX 117 ($1.54) per share, with a total value of £8,337.42 ($10,965.96). Over the last ninety days, insiders have acquired 22,104 shares of company stock worth $2,500,963.

FirstGroup plc 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.

Analyst Recommendations for FirstGroup plc (LON:FGP)

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