Go-Ahead Group plc (LON:GOG) had its price objective lowered by Canaccord Genuity from GBX 2,350 ($30.35) to GBX 2,080 ($26.86) in a research note issued to investors on Monday morning. The firm currently has a buy rating on the stock.
GOG has been the topic of several other research reports. Investec reaffirmed a buy rating and set a GBX 2,250 ($29.06) price target on shares of Go-Ahead Group plc in a report on Friday, June 2nd. J P Morgan Chase & Co downgraded shares of Go-Ahead Group plc to an underweight rating and lowered their price target for the company from GBX 1,882 ($24.31) to GBX 1,355 ($17.50) in a report on Friday. Royal Bank Of Canada lowered their price target on shares of Go-Ahead Group plc from GBX 1,925 ($24.86) to GBX 1,900 ($24.54) and set a sector performer rating on the stock in a report on Friday, June 23rd. Liberum Capital reaffirmed a buy rating and set a GBX 1,975 ($25.51) price target on shares of Go-Ahead Group plc in a report on Monday, May 22nd. Finally, Jefferies Group LLC reaffirmed a buy rating and set a GBX 2,425 ($31.32) price target on shares of Go-Ahead Group plc in a report on Friday. Two analysts have rated the stock with a sell rating, three have given a hold rating and seven have issued a buy rating to the stock. Go-Ahead Group plc has a consensus rating of Hold and a consensus target price of GBX 2,038 ($26.32).
Shares of Go-Ahead Group plc (GOG) opened at 1550.00 on Monday. Go-Ahead Group plc has a 1-year low of GBX 1,547.00 and a 1-year high of GBX 2,344.00. The firm has a 50-day moving average of GBX 1,745.67 and a 200 day moving average of GBX 1,785.37. The stock’s market capitalization is GBX 664.22 million.
Go-Ahead Group plc (LON:GOG) last issued its quarterly earnings results on Thursday, September 7th. The company reported $2.07 earnings per share for the quarter, missing the consensus estimate of $2.09 by $0.02. Go-Ahead Group plc had a net margin of 3.28% and a return on equity of 52.90%. Analysts predict that Go-Ahead Group plc will post $188.76 EPS for the current year.
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The business also recently announced a dividend, which will be paid on Friday, November 24th. Stockholders of record on Thursday, November 9th will be issued a GBX 71.91 ($0.93) dividend. This represents a dividend yield of 4.6%. The ex-dividend date of this dividend is Thursday, November 9th. This is an increase from Go-Ahead Group plc’s previous dividend of $30.17.
Go-Ahead Group plc Company Profile
The Go-Ahead Group plc is a public transport provider. The Company is a bus operator in the United Kingdom both in and outside London. The Company operates through three segments: regional bus, London bus and rail. The regional bus segment comprises bus operations outside London. The London bus segment comprises bus operations in London under control of Transport for London (TfL), and rail replacement and other contracted services in London.
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