# FirstGroup plc 29.9% potential upside indicated by Berenberg Bank

- Link: https://www.directorstalkinterviews.com/firstgroup-plc-29-9-potential-upside-indicated-by-berenberg-bank/4121181734
- Published: 2024-12-20T13:16:08+00:00
- Author: Charlotte Edwards

**FirstGroup plc** with ticker (LON:FGP) now has a potential upside of 29.9% according
to Berenberg Bank.
FGP.LBerenberg Bank set a target price of 205 GBX for the company,
which when compared to the FirstGroup plc share price of 158 GBX at opening today(
20/12/2024) indicates a potential upside of 29.9%. Trading has ranged between 129(
52 week low) and 189 (52 week high) with an average of 1,223,115 shares exchanging
hands daily. The market capitalisation at the time of writing is £1,006,855,592.
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 4,800 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 3,700 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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