Peel Hunt started coverage on shares of Go-Ahead Group (LON:GOG) in a research note published on Thursday, ThisIsMoney.Co.Uk reports. The brokerage issued a buy rating and a GBX 2,450 ($32.01) price target on the stock.
Several other research firms have also recently issued reports on GOG. HSBC upped their target price on shares of Go-Ahead Group from GBX 2,010 ($26.26) to GBX 2,100 ($27.44) and gave the company a hold rating in a research note on Tuesday, July 30th. Liberum Capital restated a hold rating on shares of Go-Ahead Group in a research note on Friday, September 6th. One research analyst has rated the stock with a sell rating, three have assigned a hold rating and three have assigned a buy rating to the company. The company has a consensus rating of Hold and a consensus price target of GBX 2,056.86 ($26.88).
GOG stock traded down GBX 30 ($0.39) during trading on Thursday, hitting GBX 1,978 ($25.85). 58,196 shares of the stock traded hands, compared to its average volume of 150,478. Go-Ahead Group has a 1 year low of GBX 1,480 ($19.34) and a 1 year high of GBX 2,247.04 ($29.36). The firm’s 50 day moving average is GBX 2,077.14 and its two-hundred day moving average is GBX 2,017.34. The stock has a market cap of $853.90 million and a price-to-earnings ratio of 14.49. The company has a debt-to-equity ratio of 119.70, a current ratio of 1.11 and a quick ratio of 1.06.
The business also recently announced a dividend, which will be paid on Friday, November 22nd. Shareholders of record on Thursday, October 31st will be paid a dividend of GBX 71.91 ($0.94) per share. The ex-dividend date of this dividend is Thursday, October 31st. This represents a yield of 3.26%. This is a boost from Go-Ahead Group’s previous dividend of $30.17. Go-Ahead Group’s dividend payout ratio is currently 0.75%.
Go-Ahead Group Company Profile
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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