FirstGroup plc (LON:FGP) Insider Acquires £149.16 in Stock

FirstGroup plc (LON:FGP) insider Jimmy Groombridge purchased 132 shares of the firm’s stock in a transaction dated Monday, August 12th. The shares were bought at an average cost of GBX 113 ($1.48) per share, for a total transaction of £149.16 ($194.90).

Jimmy Groombridge also recently made the following trade(s):

  • On Wednesday, July 10th, Jimmy Groombridge purchased 144 shares of FirstGroup stock. The shares were bought at an average cost of GBX 104 ($1.36) per share, for a total transaction of £149.76 ($195.69).
  • On Monday, June 10th, Jimmy Groombridge purchased 144 shares of FirstGroup stock. The shares were bought at an average cost of GBX 104 ($1.36) per share, for a total transaction of £149.76 ($195.69).

Shares of FGP stock opened at GBX 121.90 ($1.59) on Friday. FirstGroup plc has a 52-week low of GBX 77.95 ($1.02) and a 52-week high of GBX 125 ($1.63). The stock has a market cap of $1.48 billion and a PE ratio of -22.16. The company has a debt-to-equity ratio of 108.25, a quick ratio of 0.87 and a current ratio of 1.01. The firm’s 50 day moving average price is GBX 108.77 and its two-hundred day moving average price is GBX 102.09.

Several analysts have recently commented on FGP shares. JPMorgan Chase & Co. decreased their price target on shares of FirstGroup from GBX 145 ($1.89) to GBX 142 ($1.86) and set an “overweight” rating on the stock in a research note on Thursday. Canaccord Genuity increased their price target on shares of FirstGroup from GBX 91 ($1.19) to GBX 109 ($1.42) and gave the company a “hold” rating in a research note on Tuesday, June 4th. Royal Bank of Canada reaffirmed an “outperform” rating on shares of FirstGroup in a research note on Tuesday, June 25th. Finally, Liberum Capital raised their price objective on shares of FirstGroup from GBX 130 ($1.70) to GBX 140 ($1.83) and gave the company a “buy” rating in a research note on Wednesday. Four investment analysts have rated the stock with a hold rating and four have assigned a buy rating to the stock. FirstGroup presently has an average rating of “Buy” and an average target price of GBX 119.25 ($1.56).

FirstGroup Company Profile

FirstGroup plc provides passenger transport services. The company's First Student segment provides student transportation services through a fleet of approximately 44,000 yellow school buses in North America. This segment also offers charter hire services for school and non-school activities. Its First Transit segment offers public transit management and contracting services, including fixed route, paratransit, shuttle, and vehicle maintenance services to transit authorities, such as federal, state, and local transportation departments, as well as for private institutions, including universities, hospitals, and airports in North America.

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