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Firstgroup ( (GB:FGP) ) just unveiled an announcement.
FirstGroup plc reports a positive earnings trajectory for the first half of 2026, with a 30% increase in adjusted revenue to £833.6 million, driven by growth in bus revenues and First Rail services. The company has made significant progress in business restructuring, achieving £6 million in savings towards a £15 million target, and anticipates modest growth in adjusted earnings per share for the full year. The completion of a £50 million buyback program and a focus on fleet electrification highlight FirstGroup’s commitment to shareholder returns and sustainable operations. The company is well-positioned for future growth, with plans to expand open access rail services and explore strategic acquisitions in the UK.
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 is a leading provider in the transportation industry, primarily offering bus and rail services. The company focuses on the UK market, with operations including First Bus, First Rail, and other group items such as Greyhound Canada.
Average Trading Volume: 1,345,867
Technical Sentiment Signal: Buy
Current Market Cap: £1.1B
For an in-depth examination of FGP stock, go to TipRanks’ Overview page.