Go-Ahead Group plc (GOG) Received Purchase Rating from Investec

Go-Ahead Group plc (GOG) Received Purchase Rating from Investec

Investec reissued their buy rating on shares of Go-Ahead Group plc (LON:GOG) in a research note published on Friday morning. Investec currently has a GBX 2,250 ($28.90) price objective on the stock.

Several other research analysts also recently weighed in on the company. Royal Bank of Canada downgraded Go-Ahead Group plc to a sector perform rating and reduced their target price for the stock from GBX 2,300 ($29.54) to GBX 1,925 ($24.73) in a research note on Wednesday, March 8th. JPMorgan Chase & Co. reduced their target price on Go-Ahead Group plc from GBX 2,513 ($32.28) to GBX 2,497 ($32.07) and set an overweight rating for the company in a research note on Tuesday, March 7th. Liberum Capital raised Go-Ahead Group plc to a buy rating and reduced their target price for the stock from GBX 2,100 ($26.97) to GBX 1,975 ($25.37) in a research note on Thursday, April 6th. Canaccord Genuity reaffirmed a buy rating and set a GBX 2,500 ($32.11) target price on shares of Go-Ahead Group plc in a research note on Thursday, April 20th. Finally, Shore Capital reaffirmed a buy rating on shares of Go-Ahead Group plc in a research note on Tuesday, February 28th. One analyst has rated the stock with a sell rating, three have assigned a hold rating and seven have assigned a buy rating to the company’s stock. The company has an average rating of Buy and a consensus price target of GBX 2,169.56 ($27.87).

Shares of Go-Ahead Group plc (LON:GOG) traded down 1.84% during midday trading on Friday, reaching GBX 1814.00. 99,320 shares of the company’s stock were exchanged. The company’s 50-day moving average is GBX 1,808.49 and its 200-day moving average is GBX 2,002.64. Go-Ahead Group plc has a one year low of GBX 1,686.00 and a one year high of GBX 2,570.00. The stock’s market cap is GBX 777.35 million.

In other news, insider Paul Edwards acquired 300 shares of Go-Ahead Group plc stock in a transaction that occurred on Wednesday, March 15th. The stock was purchased at an average cost of GBX 1,708 ($21.94) per share, with a total value of £5,124 ($6,581.89). Also, insider David Brown acquired 2,868 shares of Go-Ahead Group plc stock in a transaction that occurred on Thursday, March 9th. The stock was purchased at an average cost of GBX 1,726 ($22.17) per share, with a total value of £49,501.68 ($63,585.97). Over the last three months, insiders purchased 6,049 shares of company stock valued at $10,468,319.

About Go-Ahead Group plc

The Go-Ahead Group plc is a public transport provider. The Company is a bus operator in the United Kingdom both in and outside London. The Company operates through three segments: regional bus, London bus and rail. The regional bus segment comprises bus operations outside London. The London bus segment comprises bus operations in London under control of Transport for London (TfL), and rail replacement and other contracted services in London.new TradingView.widget({ “height”: 400, “width”: 625, “symbol”: “LSE:GOG”, “interval”: “D”, “timezone”: “Etc/UTC”, “theme”: “White”, “style”: “1”, “locale”: “en”, “toolbar_bg”: “#f1f3f6”, “enable_publishing”: false, “hideideas”: true, “referral_id”: “2588”});

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