FirstGroup plc (LON:FGP) Receives Consensus Recommendation of “Moderate Buy” from Brokerages

FirstGroup plc (LON:FGP - Get Rating) insider Ryan Mangold caused 119 shares of FirstGroup stock in a transaction dated Monday, July 11th. The shares were acquired at an average cost of GBX 125 ($i.49) per share, with a total value of £148.75 ($176.91).

Ryan Mangold too recently made the post-obit merchandise(s):

• On Friday, June 10th, Ryan Mangold acquired 112 shares of FirstGroup stock. The shares were bought at an boilerplate toll of GBX 135 ($ane.61) per share, with a total value of £151.20 ($179.83).
• On Tuesday, May 10th, Ryan Mangold bought 136 shares of FirstGroup stock. The shares were bought at an average cost of GBX 109 ($1.30) per share, with a total value of £148.24 ($176.31).

Shares of LON:FGP traded upward GBX 1.90 ($0.02) during trading on Tuesday, reaching GBX 126.90 ($1.51). 889,878 shares of the company traded hands, compared to its average volume of 1,473,675. The firm has a fifty day simple moving average of GBX 125.88 and a 200 day simple moving boilerplate of GBX 112.fourscore. The company has a quick ratio of 0.68, a current ratio of 0.76 and a debt-to-disinterestedness ratio of 159.73. FirstGroup plc has a ane-year low of GBX 72.forty ($0.86) and a 1-year high of GBX 145.66 ($one.73). The firm has a market cap of £951.93 million and a P/East ratio of 2.xi.

The company as well recently disclosed a dividend, which will exist paid on Friday, August 19th. Investors of record on Thursday, July 14th volition be given a dividend of GBX 1.10 ($0.01) per share. The ex-dividend date of this dividend is Thursday, July 14th. This represents a yield of 0.83%.

Several brokerages have commented on FGP. Royal Depository financial institution of Canada raised their target toll on shares of FirstGroup from GBX 160 ($1.ninety) to GBX 165 ($1.96) and gave the stock an "outperform" rating in a written report on Monday, June 27th. Liberum Capital reissued a "buy" rating and ready a GBX 135 ($1.61) target cost on shares of FirstGroup in a research note on Friday, May 27th. Finally, Berenberg Bank began coverage on FirstGroup in a research report on Wednesday, May 25th. They issued a "buy" rating and a GBX 150 ($1.78) target price for the company. One research annotator has rated the stock with a concord rating and six accept assigned a buy rating to the stock. Based on information from MarketBeat.com, the company before long has an boilerplate rating of "Moderate Buy" and a consensus target price of GBX 125.86 ($1.l).

About FirstGroup (Become Rating)

FirstGroup plc provides rider transport services the United Kingdom, the United States, and Canada. Information technology operates through Greyhound, Starting time Bus, and First Rail segments. The Greyhound segment provides scheduled intercity jitney transportation services. The First Autobus segment offers local bus services with a fleet of approximately 5,000 buses in the U.k..

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