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FirstGroup CEO Increases Stake with Significant Share Purchase

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FirstGroup CEO Increases Stake with Significant Share Purchase

TipRanks Black Friday Sale

An update from Firstgroup ( (GB:FGP) ) is now available.

FirstGroup plc announced that its CEO, Graham Sutherland, purchased 50,000 shares of the company at a price of 178.6 pence per share on the London Stock Exchange. This transaction, disclosed in compliance with the Market Abuse Regulation, signifies a notable investment by the CEO, potentially indicating confidence in the company’s future performance and stability, which could impact stakeholder perceptions positively.

The most recent analyst rating on (GB:FGP) stock is a Hold with a £192.00 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 Neutral.

Firstgroup’s overall stock score is driven by solid financial performance and attractive valuation, offset by bearish technical indicators and economic challenges highlighted in the earnings call. Continued focus on growth and debt management could enhance future prospects.

To see Spark’s full report on GB:FGP stock, click here.

More about Firstgroup

FirstGroup plc operates in the transportation industry, primarily providing public transport services including buses and trains across the United Kingdom and North America. The company focuses on delivering efficient and reliable transportation solutions to its customers.

Average Trading Volume: 1,402,419

Technical Sentiment Signal: Buy

Current Market Cap: £1.09B

For detailed information about FGP stock, go to TipRanks’ Stock Analysis page.

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