Liberum Capital Upgrades National Express Group PLC to Buy (NEX)
National Express Group PLC (LON:NEX) was upgraded by equities researchers at Liberum Capital to a “buy” rating in a research report issued on Monday. The firm currently has a GBX 300 ($5.11) price target on the stock, up from their previous price target of GBX 290 ($4.94). Liberum Capital’s price objective would indicate a potential upside of 16.78% from the stock’s previous close.
Several other analysts have also recently commented on the stock. Analysts at Jefferies Group raised their price target on shares of National Express Group PLC from GBX 320 ($5.45) to GBX 330 ($5.62) in a research note on Thursday. They now have a “buy” rating on the stock. Separately, analysts at HSBC reiterated a “neutral” rating on shares of National Express Group PLC in a research note on Monday, June 23rd. They now have a GBX 260 ($4.43) price target on the stock. Finally, analysts at Deutsche Bank reiterated a “hold” rating on shares of National Express Group PLC in a research note on Tuesday, June 10th. They now have a GBX 240 ($4.09) price target on the stock. Eight analysts have rated the stock with a hold rating and six have issued a buy rating to the company. National Express Group PLC currently has an average rating of “Hold” and a consensus target price of GBX 288.23 ($4.91).
Shares of National Express Group PLC (LON:NEX) opened at 260.00 on Monday. National Express Group PLC has a 52 week low of GBX 222.58 and a 52 week high of GBX 307.70. The stock’s 50-day moving average is GBX 269.5 and its 200-day moving average is GBX 280.9. The company’s market cap is £1.329 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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