# FirstGroup plc 25.0% potential upside indicated by RBC Capital Markets

- Link: https://www.directorstalkinterviews.com/firstgroup-plc-25.0-potential-upside-indicated-by-rbc-capital-markets/4121163349
- Published: 2024-07-01T13:16:14+01:00
- Author: Charlotte Edwards

**FirstGroup plc** with ticker (LON:FGP) now has a potential upside of 25.0% according
to RBC Capital Markets.
FGP.LRBC Capital Markets set a target price of 200 GBX for
the company, which when compared to the FirstGroup plc share price of 160 GBX at
opening today (01/07/2024) indicates a potential upside of 25.0%. Trading has ranged
between 135 (52 week low) and 189 (52 week high) with an average of 1,379,186 shares
exchanging hands daily. The market capitalisation at the time of writing is £1,027,320,666.
FirstGroup PLC is a private sector provider of public transport services. The Company’s
First Bus division is a regional bus operator in the United Kingdom, with a fleet
of more than 4,500 buses, and carrying more than a million passengers a day. It 
has a fleet of coaches available for charter and operates some tendered services,
such as park and ride contracts. It also operates the Aircoach network in Ireland.
Its First Rail division is a rail operator, running long-distance, commuter, regional
and sleeper rail services. It operates a fleet of more than 3,500 locomotives and
rail carriages through three train operating companies, including Avanti West Coast,
Great Western Railway (GWR), South Western Railway (SWR) and two open access routes(
Hull Trains and Lumo). It is also the shadow operator on the HS2 program, which 
involves the development, mobilization and eventual operation of high-speed services
and operating the London Trams service on behalf of transport for London.

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