Graham Sutherland Acquires 29,543 Shares of FirstGroup (LON:FGP) Stock

FirstGroup plc (LON:FGP) insider Graham Sutherland bought 29,543 shares of the company’s stock in a transaction dated Wednesday, March 18th. The shares were acquired at an average price of GBX 168 per share, for a total transaction of £49,632.24.

FirstGroup Stock Down 2.8%

Shares of LON:FGP traded down GBX 4.80 during midday trading on Thursday, reaching GBX 167.50. The company’s stock had a trading volume of 400,637 shares, compared to its average volume of 3,502,127. The company has a quick ratio of 0.74, a current ratio of 0.70 and a debt-to-equity ratio of 203.28. The firm has a 50 day moving average of GBX 184.56 and a 200-day moving average of GBX 195.72. The firm has a market capitalization of £909.74 million, a P/E ratio of 7.90, a PEG ratio of 5.21 and a beta of 0.69. FirstGroup plc has a 12-month low of GBX 136.61 and a 12-month high of GBX 240.40.

Analyst Upgrades and Downgrades

FGP has been the subject of a number of analyst reports. Berenberg Bank reaffirmed a “buy” rating and set a GBX 240 target price on shares of FirstGroup in a research note on Monday, January 19th. Royal Bank Of Canada boosted their price target on FirstGroup from GBX 245 to GBX 250 and gave the stock an “outperform” rating in a research report on Wednesday, December 17th. Four investment analysts have rated the stock with a Buy rating, Based on data from MarketBeat, FirstGroup currently has an average rating of “Buy” and an average price target of GBX 246.25.

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.