FirstGroup (LON:FGP) Hits New 12-Month High – Still a Buy?

FirstGroup plc (LON:FGP – Get Free Report)’s stock price hit a new 52-week high on Monday. The company traded as high as GBX 236.40 and last traded at GBX 236.40, with a volume of 52,662 shares traded. The stock had previously closed at GBX 232.40.

Analyst Upgrades and Downgrades

Separately, Berenberg Bank boosted their price objective on FirstGroup from GBX 240 to GBX 255 and gave the stock a “buy” rating in a report on Monday, July 20th. Four analysts have rated the stock with a Buy rating. According to MarketBeat, the company presently has a consensus rating of “Buy” and an average price target of GBX 251.25.

View Our Latest Stock Report on FirstGroup

FirstGroup Stock Performance

The company’s fifty day simple moving average is GBX 193.90 and its 200 day simple moving average is GBX 181.65. The company has a debt-to-equity ratio of 163.00, a current ratio of 0.73 and a quick ratio of 0.74. The firm has a market capitalization of £1.19 billion, a PE ratio of 11.31, a P/E/G ratio of 5.21 and a beta of 0.68.

About FirstGroup

(Get Free Report)

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.

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