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Firstgroup ( (GB:FGP) ) has shared an announcement.
FirstGroup plc announced the release of conditional share awards under its Long-Term Incentive Plan (LTIP) and Executive Annual Bonus Plan (EABP) to key executives, Graham Sutherland and Ryan Mangold. The awards, which were granted in 2022, have vested fully following performance reviews, with shares being sold to cover tax obligations and remaining shares transferred to nominee accounts. This move reflects the company’s commitment to rewarding its leadership team and maintaining transparency in its executive compensation practices.
The most recent analyst rating on (GB:FGP) stock is a Buy with a £259.00 price target. To see the full list of analyst forecasts on Firstgroup stock, see the GB:FGP Stock Forecast page.
Spark’s Take on GB:FGP Stock
According to Spark, TipRanks’ AI Analyst, GB:FGP is a Outperform.
Firstgroup’s strong valuation and positive technical indicators are the most significant factors driving the score. The company’s strategic corporate events further enhance its market position. Financial performance is solid, though high leverage remains a risk.
To see Spark’s full report on GB:FGP stock, click here.
More about Firstgroup
FirstGroup plc is a leading provider in the transportation industry, offering services primarily in bus and rail transport. The company focuses on delivering reliable and efficient travel solutions across the UK, catering to both urban and intercity travel needs.
Average Trading Volume: 1,540,020
Technical Sentiment Signal: Buy
Current Market Cap: £1.25B
Learn more about FGP stock on TipRanks’ Stock Analysis page.