FirstGroup plc (LON:FGP)’s share price hit a new 52-week low on Thursday . The stock traded as low as GBX 80.20 ($1.11) and last traded at GBX 80.95 ($1.12), with a volume of 4720000 shares changing hands. The stock had previously closed at GBX 81.95 ($1.13).
Several equities research analysts have recently issued reports on FGP shares. HSBC reiterated a “hold” rating on shares of FirstGroup in a research report on Thursday, November 30th. Royal Bank of Canada upgraded shares of FirstGroup to a “sector performer” rating and reduced their price objective for the company from GBX 115 ($1.59) to GBX 110 ($1.52) in a research report on Thursday, November 16th. Canaccord Genuity reiterated a “hold” rating and set a GBX 110 ($1.52) price objective on shares of FirstGroup in a research report on Wednesday, February 21st. JPMorgan Chase & Co. reduced their price objective on shares of FirstGroup from GBX 171 ($2.36) to GBX 163 ($2.25) and set an “overweight” rating on the stock in a research report on Wednesday, November 15th. Finally, Deutsche Bank reduced their price objective on shares of FirstGroup from GBX 100 ($1.38) to GBX 90 ($1.24) and set a “hold” rating on the stock in a research report on Thursday, February 22nd. Nine equities research analysts have rated the stock with a hold rating and four have assigned a buy rating to the stock. The stock currently has a consensus rating of “Hold” and a consensus target price of GBX 137.17 ($1.90).
The stock has a market cap of $978.92 and a PE ratio of 899.44.
FirstGroup 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.
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