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Home / Ranges / The Go-Ahead (GOG.L) 23-01-20

This report is not a personal recommendation and does not take into account your personal circumstances or appetite for risk.

The Go-Ahead (GOG.L) 23-01-20

Will The Go-Ahead (GOG.L) shares break out of the range or continue to highs of 2208p? (+11%)

 

  • Currently at 2022p, trading around the 2010p support (at time of writing).
  • The range has been reliable to date. Will it continue?
  • Will the price bouncing once again to the top of the range at 2208p? (+11%).
  • Traders should be mindful of breaking news. Check Accendo’s website and the press for updates.
  • Shares -11% from 12-month highs; +13% from 12 month lows.

Latest News

05 Dec:  HSBC has upgraded its rating on Go-Ahead Group (The) (GOG) to buy (from hold).

03 Dec:  Canaccord Genuity has downgraded its rating on Go-Ahead Group (The) (GOG) to hold (from buy).

28 Nov:  Go-Ahead Group posted lower regional bus passenger numbers, hitting revenue performance. The group also reduced expectations for its new bus offering in Manchester.

07 Nov:  Peel Hunt today initiates coverage of Go-Ahead Group (The) (GOG) with a buy rating and target price of 2450p.

Source: Bloomberg, Reuters, Alpha Terminal, FT, DJ Newswires

 

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This research is produced by Accendo Markets Limited. Research produced and disseminated by Accendo Markets is classified as non-independent research, and is therefore a marketing communication. This investment research has not been prepared in accordance with legal requirements designed to promote its independence and it is not subject to the prohibition on dealing ahead of the dissemination of investment research. This research does not constitute a personal recommendation or offer to enter into a transaction or an investment, and is produced and distributed for information purposes only.


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