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In brief: Worldwide montly news & informations about Buses, Busmakers, Passengers' and the Transport Industry

6.2.09

PROGNOSIS * UK - Goldman Sachs cuts targets on transport companies

London,UK -Reuters (New York,NY,USA) -Feb 4, 2009: -- Goldman Sachs cut its share-price targets on several UK bus and rail operators, saying it expects a drop in public-transport volumes for the next two years... However, Goldman Sachs upgraded bus and rail operator Stagecoach Group Plc to "neutral" from "sell," saying its balance sheet was the strongest in the sector... Goldman said passenger volumes are already falling in the United States and it expects a similar trend in Europe...

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