Graham Sutherland Purchases 20,000 Shares of FirstGroup plc (LON:FGP) Stock

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

FirstGroup Stock Performance

Shares of LON:FGP opened at GBX 155.60 ($2.06) on Wednesday. The company has a market cap of £935.00 million, a P/E ratio of -15,560.00, a PEG ratio of 5.21 and a beta of 1.59. The company has a debt-to-equity ratio of 256.40, a quick ratio of 0.74 and a current ratio of 0.69. FirstGroup plc has a one year low of GBX 139.90 ($1.85) and a one year high of GBX 189 ($2.50). The business’s 50-day simple moving average is GBX 163.84 and its 200 day simple moving average is GBX 166.90.

Wall Street Analysts Forecast Growth

A number of equities analysts have recently commented on the company. Berenberg Bank raised their price objective on FirstGroup from GBX 195 ($2.58) to GBX 205 ($2.71) and gave the stock a “buy” rating in a report 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 report 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.