Go-Ahead Group plc (GOG) Coverage Initiated at Canaccord Genuity
Canaccord Genuity initiated coverage on shares of Go-Ahead Group plc (LON:GOG) in a research note released on Monday. The brokerage issued a buy rating and a GBX 2,753 ($35.94) price target on the stock.
A number of other analysts also recently issued reports on GOG. Jefferies Group reiterated a buy rating on shares of Go-Ahead Group plc in a report on Monday, May 23rd. Liberum Capital reiterated a hold rating and issued a GBX 2,860 ($37.33) price target on shares of Go-Ahead Group plc in a report on Monday, May 23rd. JPMorgan Chase & Co. reiterated a neutral rating and issued a GBX 2,521 ($32.91) price target on shares of Go-Ahead Group plc in a report on Wednesday, May 25th. HSBC reduced their target price on shares of Go-Ahead Group plc from GBX 2,850 ($37.20) to GBX 2,310 ($30.15) and set a buy rating on the stock in a report on Thursday, June 16th. Finally, Goldman Sachs Group Inc. restated a sell rating on shares of Go-Ahead Group plc in a report on Monday, June 27th. One research analyst has rated the stock with a sell rating, two have assigned a hold rating and ten have assigned a buy rating to the stock. The company currently has an average rating of Buy and a consensus target price of GBX 2,588.38 ($33.79).
Go-Ahead Group plc (LON:GOG) opened at 1986.00 on Monday. The company has a 50-day moving average of GBX 1,983.69 and a 200-day moving average of GBX 2,266.04. Go-Ahead Group plc has a 1-year low of GBX 1,775.00 and a 1-year high of GBX 2,758.00. The company’s market capitalization is GBX 851.80 million.
The company also recently disclosed a dividend, which will be paid on Friday, November 25th. Investors of record on Thursday, November 10th will be paid a dividend of GBX 67.52 ($0.88) per share. This represents a dividend yield of 3.06%. The ex-dividend date is Thursday, November 10th. This is a positive change from Go-Ahead Group plc’s previous dividend of $28.33.
About Go-Ahead Group plc
The Go-Ahead Group plc is a United Kingdom-based public transport operator, which provides services in the bus and rail sectors. The Company operates in three segments: regional bus, London bus and rail. The regional bus segment is engaged in the bus operations outside London. The London bus segment is engaged in the bus operations in London under control of Transport for London (TfL) and also rail replacement and other contracted services in London.
Receive News & Ratings for Go-Ahead Group plc Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Go-Ahead Group plc and related companies with MarketBeat.com's FREE daily email newsletter.