National Express Group PLC (NEX) Receives Consensus Recommendation of “Buy” from Brokerages
Shares of National Express Group PLC (LON:NEX) have earned an average rating of “Buy” from the eleven research firms that are currently covering the company, MarketBeat Ratings reports. One analyst has rated the stock with a sell rating, three have assigned a hold rating and seven have assigned a buy rating to the company. The average 1 year target price among analysts that have issued ratings on the stock in the last year is GBX 410.14 ($5.31).
A number of research analysts have recently commented on the stock. Numis Securities Ltd reaffirmed a “hold” rating on shares of National Express Group PLC in a research note on Thursday, May 18th. Liberum Capital reaffirmed a “buy” rating and set a GBX 400 ($5.18) price objective on shares of National Express Group PLC in a research note on Thursday, April 6th. Shore Capital reaffirmed a “sell” rating on shares of National Express Group PLC in a research note on Wednesday, May 10th. Royal Bank Of Canada upped their price objective on shares of National Express Group PLC from GBX 405 ($5.25) to GBX 440 ($5.70) and gave the company an “outperform” rating in a research note on Wednesday, April 5th. Finally, J P Morgan Chase & Co raised shares of National Express Group PLC to an “overweight” rating and upped their price objective for the company from GBX 383 ($4.96) to GBX 404 ($5.23) in a research note on Wednesday, May 24th.
National Express Group PLC (NEX) opened at 362.30 on Tuesday. The stock’s market cap is GBX 1.85 billion. The firm’s 50-day moving average is GBX 367.93 and its 200 day moving average is GBX 356.52. National Express Group PLC has a 52 week low of GBX 292.00 and a 52 week high of GBX 389.00.
In other National Express Group PLC news, insider Matthew Ashley bought 2,696 shares of the company’s stock in a transaction that occurred on Friday, May 12th. The stock was purchased at an average price of GBX 368 ($4.77) per share, with a total value of £9,921.28 ($12,851.40). Also, insider Elliott (Lee) Sander bought 1,000 shares of the company’s stock in a transaction that occurred on Thursday, May 25th. The shares were acquired at an average cost of GBX 479 ($6.20) per share, with a total value of £4,790 ($6,204.66).
National Express Group PLC Company Profile
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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