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FirstGroup Executive Share Purchase Under SIP

Story Highlights
  • FirstGroup operates in the transportation industry, offering bus and rail services.
  • Executive Ryan Mangold purchased 69 shares under FirstGroup’s SIP, ensuring regulatory compliance.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
FirstGroup Executive Share Purchase Under SIP

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Firstgroup ( (GB:FGP) ) has shared an update.

FirstGroup plc announced a recent transaction involving Ryan Mangold, the Executive Director and Chief Financial Officer, who purchased 69 ordinary shares under the company’s Share Incentive Plan. This purchase, conducted at a price of £2.1720 per share on the London Stock Exchange, is part of the company’s regulatory compliance with the Market Abuse Regulation, highlighting transparency in executive share dealings.

The most recent analyst rating on (GB:FGP) stock is a Hold with a £228.00 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 stock score is primarily supported by its solid financial performance and attractive valuation. The company’s strong cash flow and improved profitability are significant strengths. However, technical indicators suggest bearish momentum, which could pose short-term risks.

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

More about Firstgroup

FirstGroup plc operates in the transportation industry, primarily focusing on providing public transport services. The company is known for its bus and rail services in the UK, catering to a wide range of passengers and contributing to the public transport infrastructure.

Average Trading Volume: 1,251,203

Technical Sentiment Signal: Buy

Current Market Cap: £1.17B

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

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