National Express Group PLC (NEX) Stock Rating Reaffirmed by Liberum Capital
National Express Group PLC (LON:NEX)‘s stock had its “buy” rating reaffirmed by analysts at Liberum Capital in a research note issued to investors on Friday. They currently have a GBX 400 ($5.17) target price on the stock. Liberum Capital’s target price suggests a potential upside of 10.01% from the company’s current price.
NEX has been the subject of several other research reports. HSBC Holdings plc lifted their price target on National Express Group PLC from GBX 400 ($5.17) to GBX 440 ($5.69) and gave the stock a “buy” rating in a research note on Friday, April 28th. Canaccord Genuity reiterated a “buy” rating and issued a GBX 432 ($5.58) price objective on shares of National Express Group PLC in a report on Wednesday, May 10th. Shore Capital reiterated a “sell” rating on shares of National Express Group PLC in a report on Wednesday, May 10th. Deutsche Bank AG lifted their price objective on National Express Group PLC from GBX 365 ($4.72) to GBX 380 ($4.91) and gave the stock a “hold” rating in a report on Thursday, March 2nd. Finally, Barclays PLC decreased their price objective on National Express Group PLC from GBX 395 ($5.10) to GBX 385 ($4.97) and set an “overweight” rating on the stock in a report on Friday, February 24th. One research analyst has rated the stock with a sell rating, four have assigned a hold rating and eight have assigned a buy rating to the company. The company currently has an average rating of “Buy” and an average price target of GBX 407.30 ($5.26).
Shares of National Express Group PLC (LON:NEX) traded up 0.55% during trading on Friday, reaching GBX 363.60. The company’s stock had a trading volume of 610,406 shares. National Express Group PLC has a 12-month low of GBX 252.81 and a 12-month high of GBX 379.70. The stock’s market cap is GBX 1.85 billion. The stock’s 50-day moving average is GBX 363.22 and its 200-day moving average is GBX 355.06.
In other National Express Group PLC news, insider Elliott (Lee) Sander purchased 1,000 shares of National Express Group PLC stock in a transaction that occurred on Thursday, May 25th. The shares were bought at an average price of GBX 479 ($6.19) per share, for a total transaction of £4,790 ($6,189.43). Also, insider Matthew Ashley sold 40,278 shares of the business’s stock in a transaction dated Wednesday, March 15th. The shares were sold at an average price of GBX 359 ($4.64), for a total value of £144,598.02 ($186,843.29).
About National Express Group PLC
National Express Group PLC is an international transport company. The Company’s segments include UK Bus, UK Coach, German Rail, North America (operates school bus and transit services), Spain and Morocco (operates bus and coach services), and Central functions. The UK Bus segment’s services are operated from nine garages across the West Midlands.
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