FirstGroup (LON:FGP) Insider Ryan Mangold Purchases 69 Shares

FirstGroup plc (LON:FGP) insider Ryan Mangold purchased 69 shares of the company’s stock in a transaction that occurred on Friday, October 10th. The stock was bought at an average price of GBX 217 per share, with a total value of £149.73.

Ryan Mangold also recently made the following trade(s):

• On Monday, August 18th, Ryan Mangold sold 472,462 shares of FirstGroup stock. The stock was sold at an average price of GBX 226, for a total transaction of £1,067,764.12.
• On Monday, August 11th, Ryan Mangold purchased 65 shares of FirstGroup stock. The stock was bought at an average price of GBX 230 per share, with a total value of £149.50.

FirstGroup Stock Down 1.5%

Shares of LON:FGP opened at GBX 216.60 on Tuesday. The company has a current ratio of 0.69, a quick ratio of 0.74 and a debt-to-equity ratio of 257.49. The company has a fifty day simple moving average of GBX 221.29 and a 200 day simple moving average of GBX 204.44. The firm has a market cap of £1.18 billion, a PE ratio of 1,056.59, a price-to-earnings-growth ratio of 5.21 and a beta of 1.59. FirstGroup plc has a 12-month low of GBX 128.60 and a 12-month high of GBX 240.40.

Analysts Set New Price Targets

Separately, Berenberg Bank boosted their target price on shares of FirstGroup from GBX 215 to GBX 240 and gave the company a “buy” rating in a research note on Monday, July 7th. One equities research analyst has rated the stock with a Buy rating, Based on data from MarketBeat, the company has a consensus rating of “Buy” and a consensus price target of GBX 240.

About FirstGroup

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.