Go-Ahead Group (LON:GOG) Price Target Raised to GBX 2,100 at HSBC

Go-Ahead Group (LON:GOG) had its price target boosted by HSBC from GBX 2,010 ($26.26) to GBX 2,100 ($27.44) in a report issued on Tuesday, ThisIsMoney.Co.Uk reports. They currently have a hold rating on the stock.

Several other brokerages have also recently weighed in on GOG. Jefferies Financial Group boosted their price objective on shares of Go-Ahead Group from GBX 2,260 ($29.53) to GBX 2,290 ($29.92) and gave the stock a buy rating in a research note on Thursday, June 6th. Liberum Capital restated a hold rating and issued a GBX 1,930 ($25.22) target price on shares of Go-Ahead Group in a report on Thursday, June 6th. Royal Bank of Canada upped their price objective on shares of Go-Ahead Group from GBX 1,950 ($25.48) to GBX 2,000 ($26.13) and gave the company a sector performer rating in a report on Friday, June 7th. Finally, JPMorgan Chase & Co. reiterated an underweight rating on shares of Go-Ahead Group in a report on Wednesday, May 15th. One investment analyst has rated the stock with a sell rating, four have assigned a hold rating and two have issued a buy rating to the stock. The stock currently has an average rating of Hold and a consensus price target of GBX 1,991.33 ($26.02).

Shares of GOG opened at GBX 2,070 ($27.05) on Tuesday. Go-Ahead Group has a one year low of GBX 1,480 ($19.34) and a one year high of GBX 2,226 ($29.09). The firm has a market capitalization of $893.17 million and a P/E ratio of 13.62. The company has a current ratio of 1.08, a quick ratio of 1.06 and a debt-to-equity ratio of 139.93. The company’s 50 day moving average price is GBX 2,076.96.

In other Go-Ahead Group news, insider Carolyn Ferguson bought 94 shares of Go-Ahead Group stock in a transaction that occurred on Friday, June 28th. The shares were bought at an average price of GBX 1,911 ($24.97) per share, with a total value of £1,796.34 ($2,347.24). In the last ninety days, insiders have purchased 109 shares of company stock worth $210,001.

About Go-Ahead Group

The Go-Ahead Group plc provides bus and rail passenger transportation services in the United Kingdom and Singapore. It operates through three segments: Regional Bus, London Bus, and Rail. The company also offers rail replacement and other contracted services. It serves the department for transport, and transport for London.

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Analyst Recommendations for Go-Ahead Group (LON:GOG)

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