Go-Ahead Group plc (GOG) Receives Consensus Recommendation of “Hold” from Analysts

Shares of Go-Ahead Group plc (LON:GOG) have been assigned a consensus recommendation of “Hold” from the eight brokerages that are currently covering the company, MarketBeat Ratings reports. One investment analyst has rated the stock with a sell recommendation, three have given a hold recommendation and four have given a buy recommendation to the company. The average 1-year price objective among brokers that have issued ratings on the stock in the last year is GBX 1,926.67 ($25.18).

GOG has been the topic of a number of recent research reports. Liberum Capital reaffirmed a “hold” rating on shares of Go-Ahead Group in a research report on Wednesday, August 22nd. JPMorgan Chase & Co. cut their price objective on Go-Ahead Group from GBX 1,421 ($18.57) to GBX 1,420 ($18.55) and set an “underweight” rating on the stock in a research report on Friday, September 7th. Canaccord Genuity reaffirmed a “buy” rating and set a GBX 2,080 ($27.18) price objective on shares of Go-Ahead Group in a research report on Friday, September 7th. HSBC raised Go-Ahead Group to a “buy” rating and upped their price objective for the stock from GBX 1,700 ($22.21) to GBX 1,970 ($25.74) in a research report on Wednesday, October 17th. Finally, UBS Group reaffirmed a “neutral” rating on shares of Go-Ahead Group in a research report on Tuesday, October 23rd.

LON GOG traded up GBX 8 ($0.10) on Friday, reaching GBX 1,550 ($20.25). The stock had a trading volume of 53,732 shares, compared to its average volume of 150,478. Go-Ahead Group has a 12-month low of GBX 1,310 ($17.12) and a 12-month high of GBX 1,952 ($25.51).

The company also recently announced a dividend, which will be paid on Friday, November 23rd. Investors of record on Thursday, November 8th will be paid a dividend of GBX 71.91 ($0.94) per share. The ex-dividend date is Thursday, November 8th. This represents a dividend yield of 3.93%. This is an increase from Go-Ahead Group’s previous dividend of $30.17.

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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