Go-Ahead Group plc (GOG) Given Average Rating of “Hold” by Brokerages
Go-Ahead Group plc (LON:GOG) has been given an average recommendation of “Hold” by the eight research firms that are currently covering the firm, MarketBeat reports. One analyst has rated the stock with a sell recommendation, three have issued a hold recommendation and four have assigned a buy recommendation to the company. The average twelve-month price objective among brokerages that have issued a report on the stock in the last year is GBX 1,927.67 ($25.19).
A number of equities research analysts have issued reports on GOG shares. UBS Group reaffirmed a “neutral” rating on shares of Go-Ahead Group in a research report on Tuesday, October 23rd. HSBC raised Go-Ahead Group to a “buy” rating and increased their price objective for the company from GBX 1,700 ($22.21) to GBX 1,970 ($25.74) in a research report on Wednesday, October 17th. Liberum Capital reissued a “hold” rating and issued a GBX 1,850 ($24.17) price objective on shares of Go-Ahead Group in a research report on Monday, January 28th. Finally, JPMorgan Chase & Co. increased their price objective on Go-Ahead Group from GBX 1,420 ($18.55) to GBX 1,466 ($19.16) and gave the company an “underweight” rating in a research report on Tuesday, December 4th.
LON GOG traded down GBX 3 ($0.04) on Tuesday, hitting GBX 1,817 ($23.74). 70,811 shares of the company were exchanged, compared to its average volume of 150,478. Go-Ahead Group has a twelve month low of GBX 1,310 ($17.12) and a twelve month high of GBX 1,952 ($25.51).
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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