FirstGroup (LON:FGP) PT Raised to GBX 195 at Berenberg Bank

FirstGroup (LON:FGP) had its target price upped by Berenberg Bank from GBX 191 ($2.40) to GBX 195 ($2.45) in a report released on Tuesday morning, MarketBeat.com reports. Berenberg Bank currently has a buy rating on the transport operator’s stock.

FirstGroup Stock Performance

Shares of FirstGroup stock opened at GBX 168 ($2.11) on Tuesday. FirstGroup has a 12 month low of GBX 109.80 ($1.38) and a 12 month high of GBX 189 ($2.37). The company has a quick ratio of 0.74, a current ratio of 0.76 and a debt-to-equity ratio of 288.86. The stock has a market cap of £1.08 billion, a PE ratio of -8,400.00, a price-to-earnings-growth ratio of 5.21 and a beta of 1.41. The business has a fifty day simple moving average of GBX 170.31 and a 200-day simple moving average of GBX 166.79.

Insider Buying and Selling at FirstGroup

In related news, insider David Martin bought 100,000 shares of the business’s stock in a transaction on Tuesday, March 26th. The stock was bought at an average price of GBX 182 ($2.29) per share, for a total transaction of £182,000 ($228,614.50). Company insiders own 3.59% of the company’s stock.

FirstGroup Company Profile

FirstGroup plc provides public transport services in the United Kingdom. The company operates through First Bus and First Rail segments. The First Bus segment offers local bus services with a fleet of approximately 4,900 buses in the United Kingdom. The First Rail segment operates a passenger rail network that provides long-distance, commuter, regional, and sleeper services through a portfolio of Great Western Railway, South Western Railway, TransPennine Express, and Avanti West Coast franchises; and hull trains and Lumos.