National Express Group PLC Given Consensus Rating of “Hold” by Brokerages (LON:NEX)
National Express Group PLC (LON:NEX) has received an average recommendation of “Hold” from the twelve analysts that are presently covering the stock, StockRatingsNetwork.com reports. Eight research analysts have rated the stock with a hold recommendation and four have issued a buy recommendation on the company. The average 12-month target price among brokers that have covered the stock in the last year is GBX 291.27 ($4.89).
NEX has been the subject of a number of recent research reports. Analysts at RBC Capital reiterated an “outperform” rating on shares of National Express Group PLC in a research note on Tuesday. They now have a GBX 320 ($5.37) price target on the stock. Separately, analysts at Nomura cut their price target on shares of National Express Group PLC from GBX 285 ($4.78) to GBX 280 ($4.70) in a research note on Monday. They now have a “neutral” rating on the stock. Finally, analysts at HSBC reiterated a “neutral” rating on shares of National Express Group PLC in a research note on Thursday, July 31st. They now have a GBX 285 ($4.78) price target on the stock.
National Express Group PLC (LON:NEX) traded down 0.04% on Thursday, hitting GBX 254.90. 90,009 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 has a 50-day moving average of GBX 261.3 and a 200-day moving average of GBX 276.8. The company’s market cap is £1.303 billion.
The company also recently declared a dividend, which is scheduled for Friday, September 19th. Shareholders of record on Wednesday, September 3rd will be given a dividend of GBX 3.35 ($0.06) per share. This represents a yield of 1.28%. The ex-dividend date of this dividend is Wednesday, September 3rd.
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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