Buy FirstGroup (FGP) by Kevin Godbold in The Motley Fool CLOSED

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  • Performance

    53.65%

  • Price at start

    90.40p

    (ask)

  • Price at close

    136.90p

    (bid)

  • Tip made

    14/10/2021

  • Tip Status

    Closed

    15/10/2024

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Tip Notes

"...With the share price near 91p, the forward-looking earnings multiple is just above 12 for the trading year to March 2023. That’s a reasonable valuation to my eyes. However, there’s a fair amount of debt on the balance sheet, which could be problematic if we see another economic downturn." - Kevin Godbold, The Motley Fool

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