National Express Group Price Target Increased to GBX 285 by Analysts at Nomura (NEX)
Equities research analysts at Nomura lifted their price target on shares of National Express Group (LON:NEX) from GBX 206 ($3.38) to GBX 285 ($4.68) in a research note issued to investors on Tuesday, Analyst RN reports. The firm currently has a “neutral” rating on the stock. Nomura’s price target points to a potential downside of 0.90% from the company’s current price.
National Express Group (LON:NEX) traded down 0.86% on Tuesday, hitting GBX 287.60. 302,554 shares of the company’s stock traded hands. National Express Group has a 52-week low of GBX 189.20 and a 52-week high of GBX 307.96. The stock has a 50-day moving average of GBX 276.3 and a 200-day moving average of GBX 262.4. The company’s market cap is £1.470 billion.
NEX has been the subject of a number of other recent research reports. Analysts at HSBC downgraded shares of National Express Group to a “neutral” rating in a research note to investors on Thursday, January 16th. They now have a GBX 300 ($4.92) price target on the stock, up previously from GBX 290 ($4.76). Separately, analysts at Liberum Capital reiterated a “hold” rating on shares of National Express Group in a research note to investors on Friday, January 10th. They now have a GBX 255 ($4.19) price target on the stock. Finally, 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. Nine analysts have rated the stock with a hold rating and eight have assigned a buy rating to the company. The company has an average rating of “Hold” and an average price target of GBX 270.13 ($4.43).
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.
Get Analysts' Upgrades and Downgrades via Email - Stay on top of analysts' coverage with Analyst Ratings Network's FREE daily email newsletter that provides a concise list of analysts' upgrades and downgrades. Click here to register now.