FirstGroup plc (LON:FGP) Insider Graham Sutherland Acquires 20,000 Shares

FirstGroup plc (LON:FGP) insider Graham Sutherland acquired 20,000 shares of FirstGroup stock in a transaction dated Monday, September 16th. The shares were bought at an average cost of GBX 153 ($2.02) per share, with a total value of £30,600 ($40,422.72).

FirstGroup Price Performance

Shares of FirstGroup stock opened at GBX 155.60 ($2.06) on Tuesday. The company has a quick ratio of 0.74, a current ratio of 0.69 and a debt-to-equity ratio of 256.40. The company has a market cap of £935.00 million, a PE ratio of -15,560.00, a P/E/G ratio of 5.21 and a beta of 1.59. The business has a 50 day moving average of GBX 164.07 and a 200 day moving average of GBX 166.91. FirstGroup plc has a 52 week low of GBX 139.90 ($1.85) and a 52 week high of GBX 189 ($2.50).

Analysts Set New Price Targets

Several equities analysts have weighed in on the company. Berenberg Bank raised their price objective on FirstGroup from GBX 195 ($2.58) to GBX 205 ($2.71) and gave the company a “buy” rating in a research note on Monday, July 8th. Royal Bank of Canada restated an “outperform” rating and issued a GBX 200 ($2.64) price objective on shares of FirstGroup in a research note on Wednesday, June 12th.

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.