National Express Group Given Hold Rating at Liberum Capital (NEX)
National Express Group (LON:NEX)‘s stock had its “hold” rating reaffirmed by equities research analysts at Liberum Capital in a research note issued to investors on Friday, American Banking and Market News reports. They currently have a GBX 255 ($4.18) price objective on the stock. Liberum Capital’s target price points to a potential downside of 14.40% from the company’s current price.
National Express Group (LON:NEX) opened at 297.90 on Friday. National Express Group has a one year low of GBX 189.20 and a one year high of GBX 298.30. The stock’s 50-day moving average is GBX 268.9 and its 200-day moving average is GBX 258.2. The company’s market cap is £1.522 billion.
Other equities research analysts have also recently issued reports about the stock. Analysts at Deutsche Bank reiterated a “hold” rating on shares of National Express Group in a research note to investors on Tuesday, December 24th. They now have a GBX 240 ($3.94) price target on the stock. Separately, analysts at RBC Capital raised their price target on shares of National Express Group from GBX 260 ($4.26) to GBX 290 ($4.76) in a research note to investors on Tuesday, December 17th. They now have an “outperform” rating on the stock. Finally, analysts at Panmure Gordon reiterated a “hold” rating on shares of National Express Group in a research note to investors on Tuesday, December 17th. They now have a GBX 250 ($4.10) price target on the stock. Eight research analysts have rated the stock with a hold rating and nine have given a buy rating to the company’s stock. The company has an average rating of “Buy” and a consensus target price of GBX 263.99 ($4.33).
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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