Go-Ahead Group (LON:GOG) Earns Buy Rating from Peel Hunt

Peel Hunt restated their buy rating on shares of Go-Ahead Group (LON:GOG) in a research note released on Monday morning, ThisIsMoney.Co.Uk reports.

Several other research analysts also recently issued reports on the stock. HSBC reiterated a buy rating on shares of Go-Ahead Group in a report on Wednesday, January 29th. Canaccord Genuity downgraded shares of Go-Ahead Group to a hold rating in a report on Tuesday, December 3rd. Liberum Capital reiterated a hold rating on shares of Go-Ahead Group in a report on Thursday, November 28th. Finally, Peel Hunt reiterated a buy rating and set a GBX 2,450 ($32.23) price target on shares of Go-Ahead Group in a report on Wednesday, January 8th. One investment analyst has rated the stock with a sell rating, three have given a hold rating and four have given a buy rating to the stock. The stock has an average rating of Hold and a consensus target price of GBX 2,066.86 ($27.19).

Shares of LON:GOG opened at GBX 728.83 ($9.59) on Monday. The company has a fifty day moving average of GBX 1,630.84 and a 200-day moving average of GBX 1,983.43. The company has a market capitalization of $340.89 million and a PE ratio of 5.19. The company has a debt-to-equity ratio of 359.21, a quick ratio of 0.77 and a current ratio of 0.79. Go-Ahead Group has a 52-week low of GBX 988 ($13.00) and a 52-week high of GBX 2,308.91 ($30.37).

Go-Ahead Group (LON:GOG) last announced its quarterly earnings results on Thursday, March 12th. The company reported GBX 64.60 ($0.85) earnings per share (EPS) for the quarter. On average, equities analysts forecast that Go-Ahead Group will post 16313.0010187 EPS for the current fiscal year.

The firm also recently disclosed a dividend, which will be paid on Friday, April 17th. Investors of record on Thursday, March 26th will be paid a GBX 30.17 ($0.40) dividend. The ex-dividend date is Thursday, March 26th. This represents a dividend yield of 2.62%. Go-Ahead Group’s dividend payout ratio is 0.73%.

In other Go-Ahead Group news, insider Carolyn Ferguson acquired 559 shares of Go-Ahead Group stock in a transaction that occurred on Monday, March 16th. The shares were bought at an average price of GBX 888 ($11.68) per share, with a total value of £4,963.92 ($6,529.76). In the last three months, insiders purchased 573 shares of company stock worth $526,156.

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.

Featured Story: How interest rates affect municipal bond prices

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

Receive News & Ratings for Go-Ahead Group Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Go-Ahead Group and related companies with MarketBeat.com's FREE daily email newsletter.