National Express Group PLC Announces Dividend of GBX 3.35 (NEX)
National Express Group PLC (LON:NEX) announced a dividend on Wednesday, July 30th, AmericanBankingNews.com reports. Investors of record on Wednesday, September 3rd will be paid a dividend of GBX 3.35 ($0.06) per share on Friday, September 19th. This represents a dividend yield of 1.28%. The ex-dividend date is Wednesday, September 3rd. The official announcement can be viewed at this link.
NEX has been the subject of a number of recent research reports. Analysts at Investec reiterated a “hold” rating on shares of National Express Group PLC in a research note on Wednesday. On the ratings front, analysts at RBC Capital reiterated an “outperform” rating on shares of National Express Group PLC in a research note on Wednesday. They now have a GBX 340 ($5.77) 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 Wednesday. They now have a GBX 240 ($4.08) price target on the stock. Eight equities research analysts have rated the stock with a hold rating and four have assigned a buy rating to the company’s stock. The company presently has an average rating of “Hold” and a consensus target price of GBX 291.27 ($4.95).
Shares of National Express Group PLC (LON:NEX) traded up 1.64% on Wednesday, hitting GBX 260.90. 646,593 shares of the company’s stock traded hands. National Express Group PLC has a 52-week low of GBX 244.70 and a 52-week high of GBX 307.70. The stock’s 50-day moving average is GBX 262.7 and its 200-day moving average is GBX 279.2. The company’s market cap is £1.334 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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