National Express Group PLC (NEX) Receives Consensus Recommendation of “Buy” from Brokerages
Shares of National Express Group PLC (LON:NEX) have received a consensus rating of “Buy” from the fifteen research firms that are presently covering the stock. Six research analysts have rated the stock with a hold rating and nine have issued a buy rating on the company. The average twelve-month price objective among brokers that have covered the stock in the last year is GBX 361.08 ($4.47).
Several equities research analysts recently commented on NEX shares. Jefferies Group boosted their price objective on shares of National Express Group PLC from GBX 370 ($4.58) to GBX 405 ($5.01) and gave the stock a “buy” rating in a research report on Tuesday, August 30th. Deutsche Bank AG initiated coverage on shares of National Express Group PLC in a research note on Wednesday, September 21st. They issued a “hold” rating and a GBX 365 ($4.52) target price for the company. Canaccord Genuity initiated coverage on shares of National Express Group PLC in a research note on Monday, September 19th. They issued a “buy” rating and a GBX 427 ($5.28) target price for the company. Liberum Capital reissued a “hold” rating and issued a GBX 340 ($4.21) target price on shares of National Express Group PLC in a research note on Thursday, July 28th. Finally, Royal Bank Of Canada boosted their target price on shares of National Express Group PLC from GBX 365 ($4.52) to GBX 370 ($4.58) and gave the company an “outperform” rating in a research note on Friday, July 29th.
National Express Group PLC (LON:NEX) traded up 2.48% during midday trading on Tuesday, reaching GBX 351.60. 966,578 shares of the company traded hands. National Express Group PLC has a 12 month low of GBX 252.81 and a 12 month high of GBX 366.20. The firm’s market capitalization is GBX 1.79 billion. The company’s 50-day moving average price is GBX 349.99 and its 200 day moving average price is GBX 334.48.
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The business also recently declared a dividend, which was paid on Friday, September 23rd. Shareholders of record on Thursday, September 1st were issued a GBX 3.87 ($0.05) dividend. This represents a yield of 1.15%. The ex-dividend date was Thursday, September 1st.
About National Express Group PLC
National Express Group PLC is a public transport operator with bus, coach and rail services in the United Kingdom, Continental Europe, North Africa, North America and the Middle East. The Company’s segments are UK Bus, UK Coach, Rail, North America, Spain and Morocco, and Central functions. The UK Bus segment’s services are operated from over nine garages across the West Midlands.
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