FirstGroup plc (LON:FGP)‘s stock had its “buy” rating reaffirmed by equities researchers at Panmure Gordon in a report issued on Thursday, Analyst Ratings Network.com reports. They presently have a GBX 120 ($1.73) price target on the transport operator’s stock. Panmure Gordon’s target price indicates a potential upside of 29.73% from the stock’s previous close.

Shares of FirstGroup plc (LON:FGP) traded down 0.38% on Thursday, hitting GBX 92.65. The company had a trading volume of 5,600,364 shares. The company’s market capitalization is GBX 1.12 billion. FirstGroup plc has a 12-month low of GBX 88.65 and a 12-month high of GBX 129.90. The firm has a 50-day moving average price of GBX 102.48 and a 200 day moving average price of GBX 104.64.

Other equities research analysts have also issued research reports about the company. Liberum Capital reissued a “buy” rating and issued a GBX 130 ($1.87) target price on shares of FirstGroup plc in a research report on Tuesday, November 3rd. Investec lifted their target price on FirstGroup plc from GBX 125 ($1.80) to GBX 128 ($1.84) and gave the company a “buy” rating in a research report on Friday, November 13th. Goldman Sachs reissued a “buy” rating and issued a GBX 184 ($2.65) target price on shares of FirstGroup plc in a research report on Friday, December 11th. Finally, Barclays dropped their target price on FirstGroup plc from GBX 130 ($1.87) to GBX 123 ($1.77) and set an “equal weight” rating on the stock in a research report on Monday, October 5th. One equities research analyst has rated the stock with a sell rating, seven have issued a hold rating and six have issued a buy rating to the company’s stock. FirstGroup plc has an average rating of “Hold” and a consensus price target of GBX 127.62 ($1.84).

In other news, insider Hauser,Wolfhart purchased 20,000 shares of FirstGroup plc stock in a transaction that occurred on Friday, January 29th. The stock was acquired at an average cost of GBX 88 ($1.27) per share, for a total transaction of £17,600 ($25,320.10). Also, insider Walsh,Imelda purchased 1,237 shares of FirstGroup plc stock in a transaction that occurred on Wednesday, November 25th. The stock was purchased at an average price of GBX 103 ($1.48) per share, with a total value of £1,274.11 ($1,832.99).

FirstGroup plc is a United Kingdom-based transport operator in United Kingdom and North America. The Company operates through five segments: First Student, First Transit, Greyhound, UK Bus and UK Rail. The First Student is the provider of student transportation in North America. The First Transit is the private sector providers of public transit management and contracting in North America. Greyhound is an operator of scheduled intercity coach services in the United States and Canada, serving 48 States in the United States and 10 Canadian Provinces and Territories. Its UK Bus is the bus operators in the United Kingdom with a fleet of approximately 6400 buses. The Company operates two UK rail franchises, First Great Western and First TransPennine Express, and one open access passenger rail service, First Hull Trains. It also operates the Tramlink service on behalf of Transport for London and the Heathrow Connect service with Heathrow Airport.

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