|Bid||40.06 x 0|
|Ask||40.38 x 0|
|Day's range||40.08 - 45.02|
|52-week range||0.41 - 138.80|
|Beta (5Y monthly)||1.49|
|PE ratio (TTM)||N/A|
|Earnings date||12 Nov 2020 - 16 Nov 2020|
|Forward dividend & yield||N/A (N/A)|
|Ex-dividend date||09 Jan 2013|
|1y target est||99.10|
Under the new contracts, FirstGroup and Go-Ahead will not be exposed to the impact of changes in passenger demand.
Britain extended emergency pandemic funding to keep its rail network moving, providing private train companies with less lucrative temporary contracts ahead of a shake-up of the way the system operates. The government did not go as far as a full nationalisation - as had been speculated by some media outlets - but said it wanted to run trains based on a new model once the impact of COVID-19 becomes clear. Britain said it would now pay the companies management fees of a maximum of 1.5% of the cost base of the contract pre-pandemic, lower than the around 2% fee included in the initial emergency contracts issued at the outbreak of the pandemic.
FirstGroup plc Further rail agreements with UK Government