National Express Group PLC Receives Average Rating of “Hold” from Brokerages (LON:NEX)
National Express Group PLC (LON:NEX) has received a consensus recommendation of “Hold” from the twelve analysts that are currently covering the company, AnalystRatingsNetwork.com reports. Eight analysts have rated the stock with a hold rating and four have issued a buy rating on the company. The average 12-month price target among analysts that have issued a report on the stock in the last year is GBX 291.27 ($4.87).
Shares of National Express Group PLC (LON:NEX) opened at 253.70 on Thursday. National Express Group PLC has a one year low of GBX 244.70 and a one year high of GBX 307.70. The stock has a 50-day moving average of GBX 261.6 and a 200-day moving average of GBX 276.5. The company’s market cap is £1.297 billion.
The company also recently announced a dividend, which is scheduled for Friday, September 19th. Stockholders of record on Wednesday, September 3rd will be paid a dividend of GBX 3.35 ($0.06) per share. This represents a dividend yield of 1.28%. The ex-dividend date is Wednesday, September 3rd.
A number of research firms have recently commented on NEX. Analysts at RBC Capital reiterated an “outperform” rating on shares of National Express Group PLC in a research note on Tuesday, August 12th. They now have a GBX 320 ($5.35) price target on the stock. Separately, analysts at Nomura cut their price target on shares of National Express Group PLC from GBX 285 ($4.76) to GBX 280 ($4.68) in a research note on Monday, August 11th. 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 ($4.76) price target on the stock.
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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