tiprankstipranks
Trending News
More News >
Advertisement
Advertisement

FirstGroup CFO Acquires Shares Under SIP

Story Highlights
  • FirstGroup operates in the UK transportation industry, offering bus and rail services.
  • CFO Ryan Mangold purchased 73 shares, indicating confidence in FirstGroup’s future.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
FirstGroup CFO Acquires Shares Under SIP

TipRanks Cyber Monday Sale

The latest announcement is out from Firstgroup ( (GB:FGP) ).

FirstGroup plc announced that Ryan Mangold, the Executive Director and Chief Financial Officer, purchased 73 ordinary shares under the company’s Share Incentive Plan. The shares were acquired at a price of £2.0704 each on the London Stock Exchange. This transaction, disclosed in compliance with Market Abuse Regulation, highlights the executive’s investment in the company, potentially signaling confidence in its future performance.

The most recent analyst rating on (GB:FGP) stock is a Hold with a £218.00 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 financial performance is a key strength, with improved profitability and strong cash flow. However, technical indicators suggest bearish momentum, which weighs on the overall score. The stock’s valuation is attractive, offering potential upside if market conditions improve.

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

More about Firstgroup

FirstGroup plc operates in the transportation industry, providing bus and rail services across the UK. The company focuses on delivering efficient and reliable public transport solutions to meet the needs of its passengers.

Average Trading Volume: 1,341,695

Technical Sentiment Signal: Buy

Current Market Cap: £1.13B

Learn more about FGP stock on TipRanks’ Stock Analysis page.

Disclaimer & DisclosureReport an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App
1