Go-Ahead Group plc (GOG) Given Consensus Recommendation of “Hold” by Brokerages

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Shares of Go-Ahead Group plc (LON:GOG) have been assigned a consensus recommendation of “Hold” from the eight ratings firms that are currently covering the stock, Marketbeat reports. One analyst has rated the stock with a sell recommendation, five have issued a hold recommendation and two have assigned a buy recommendation to the company. The average 12-month price target among analysts that have issued a report on the stock in the last year is GBX 1,885.60 ($24.64).

Several analysts have weighed in on the stock. JPMorgan Chase & Co. lifted their price objective on shares of Go-Ahead Group from GBX 1,519 ($19.85) to GBX 1,548 ($20.23) and gave the stock an “underweight” rating in a research note on Thursday, April 11th. Liberum Capital reiterated a “hold” rating on shares of Go-Ahead Group in a research note on Wednesday, April 10th. Canaccord Genuity reiterated a “buy” rating and issued a GBX 2,080 ($27.18) price objective on shares of Go-Ahead Group in a research note on Thursday, February 21st. HSBC cut shares of Go-Ahead Group to a “hold” rating and lifted their price objective for the stock from GBX 1,970 ($25.74) to GBX 2,010 ($26.26) in a research note on Tuesday, April 9th. Finally, Royal Bank of Canada restated a “sector perform” rating and issued a GBX 1,825 ($23.85) target price on shares of Go-Ahead Group in a research report on Tuesday, February 19th.

Shares of Go-Ahead Group stock opened at GBX 1,916 ($25.04) on Friday. Go-Ahead Group has a twelve month low of GBX 1,376 ($17.98) and a twelve month high of GBX 2,112 ($27.60). The company has a quick ratio of 1.06, a current ratio of 1.08 and a debt-to-equity ratio of 139.93. The stock has a market capitalization of $823.31 million and a price-to-earnings ratio of 12.61.

The company also recently announced a dividend, which was paid on Friday, April 12th. Stockholders of record on Thursday, March 28th were given a GBX 30.17 ($0.39) dividend. This represents a dividend yield of 1.58%. The ex-dividend date was Thursday, March 28th. Go-Ahead Group’s payout ratio is presently 0.67%.

In other news, insider David Brown sold 5,380 shares of the business’s stock in a transaction that occurred on Tuesday, March 26th. The shares were sold at an average price of GBX 2,000 ($26.13), for a total value of £107,600 ($140,598.46).

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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Analyst Recommendations for Go-Ahead Group (LON:GOG)

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