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Firstgroup ( (GB:FGP) ) has issued an update.
FirstGroup plc announced that its CEO, Graham Sutherland, sold 199,428 shares at a price of 225.9 pence per share on the London Stock Exchange. Despite this sale, Sutherland still holds 565,132 shares, which represent over 330% of his annual salary, significantly exceeding the company’s target of 200% as per the Directors’ Remuneration Policy. This transaction is part of the company’s compliance with the Market Abuse Regulation, ensuring transparency in the shareholding activities of its executives.
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
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.