FirstGroup plc 4.7% Potential Decrease Indicated by HSBC

Broker Ratings
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FirstGroup plc using EPIC/TICKER code (LON:FGP) had its stock rating noted as ‘Reiterates’ with the recommendation being set at ‘HOLD’ today by analysts at HSBC. FirstGroup plc are listed in the Consumer Services sector within UK Main Market. HSBC have set a target price of 90 GBX on its stock. This is indicating the analyst believes there is a potential downside of -4.7% from the opening price of 94.45 GBX. Over the last 30 and 90 trading days the company share price has increased 4.25 points and increased 5.05 points respectively. The 1 year high for the stock price is 119.6 GBX while the 52 week low is 77.95 GBX.

FirstGroup plc has a 50 day moving average of 93.36 GBX and the 200 Day Moving Average price is recorded at 90.95. There are currently 1,213,721,430 shares in issue with the average daily volume traded being 1,557,407. Market capitalisation for LON:FGP is £1,174,275,483 GBP.

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