National Express Group’s Hold Rating Reaffirmed at Deutsche Bank (NEX)
National Express Group (LON:NEX)‘s stock had its “hold” rating restated by analysts at Deutsche Bank in a research report issued to clients and investors on Friday, AnalystRatingsNetwork.com reports. They currently have a GBX 210 ($3.40) price objective on the stock. Deutsche Bank’s price target suggests a potential downside of 18.51% from the company’s current price.
Several other analysts have also recently commented on the stock. Analysts at Panmure Gordon reiterated a “hold” rating on shares of National Express Group in a research note to investors on Thursday. They now have a GBX 250 ($4.04) price target on the stock. Separately, analysts at Investec reiterated a “hold” rating on shares of National Express Group in a research note to investors on Thursday. Finally, analysts at Jefferies Group reiterated a “buy” rating on shares of National Express Group in a research note to investors on Thursday. They now have a GBX 250 ($4.04) price target on the stock. Six investment analysts have rated the stock with a hold rating and ten have issued a buy rating to the company. National Express Group currently has a consensus rating of “Buy” and a consensus price target of GBX 252.21 ($4.08).
Shares of National Express Group (LON:NEX) traded down 0.39% during mid-day trading on Friday, hitting GBX 257.70. The stock had a trading volume of 377,451 shares. National Express Group has a 1-year low of GBX 162.90 and a 1-year high of GBX 277.50. The stock has a 50-day moving average of GBX 259.3 and a 200-day moving average of GBX 237.8. The company’s market cap is £1.317 billion.
National Express Group PLC is the holding company of the National Express Group of companies. Its subsidiary companies provide mass passenger transport services in the United Kingdom and overseas.
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