Research Disclosures & Disclaimers

This website contains disclosures and disclaimers related to
published UBS Global Research products, including those related to
regulation, potential conflicts of interest as well as those provided
by third-party data providers describing limitations on use of their
products.

FirstGroup Plc (FGP.L)

UBS Rating and Price Target History Chart

Line chart explaining Price target vs Stock Price is described in below table

EQ Rating & Price Target Table

Date	Stock Price (p)	Price Target (p)	Rating
2020-06-19	54	-	No Rating
2021-04-14	93	102	Buy
2021-08-04	86	100	Buy
2021-11-09	101	106	Neutral
2022-05-23	116	114	Neutral
2022-06-20	136	-	No Rating
2022-08-17	113	114	Neutral
2022-08-25	111	120	Neutral
2022-11-28	103	114	Neutral
2023-05-15	120	122	Neutral
2023-06-21	141	150	Neutral

Disclosures

UBS expects to receive or intend to seek compensation for investment banking services from this company/entity within the next three months.

Note : Historical Price Targets have been adjusted to account for any stock splits, rights issues and/or dividends which may have occurred for this security. Not Priced: Stock was not priced on the given date. No Rating: Issuer was not rated by UBS on the given day. No Price Target: For this issuer no Price Target was set by UBS on the given day.