National Express Group PLC (NEX) Receives Average Recommendation of “Buy” from Analysts
Shares of National Express Group PLC (LON:NEX) have been assigned an average recommendation of “Buy” from the thirteen brokerages that are currently covering the stock, MarketBeat Ratings reports. One analyst has rated the stock with a sell rating, three have issued a hold rating and nine have assigned a buy rating to the company. The average 1 year target price among brokerages that have issued a report on the stock in the last year is GBX 406.22 ($5.34).
A number of analysts have recently issued reports on the stock. J P Morgan Chase & Co lifted their price objective on shares of National Express Group PLC from GBX 404 ($5.31) to GBX 414 ($5.44) and gave the stock an “overweight” rating in a report on Friday, July 28th. Liberum Capital dropped their price objective on shares of National Express Group PLC from GBX 400 ($5.26) to GBX 390 ($5.13) and set a “buy” rating for the company in a report on Wednesday, September 20th. Shore Capital reaffirmed a “sell” rating on shares of National Express Group PLC in a report on Friday, August 18th. Investec reaffirmed a “buy” rating and set a GBX 385 ($5.06) price objective on shares of National Express Group PLC in a report on Friday, July 28th. Finally, Jefferies Group LLC reaffirmed a “buy” rating and set a GBX 430 ($5.65) price objective on shares of National Express Group PLC in a report on Friday, July 28th.
In other National Express Group PLC news, insider Dean K. Finch sold 130,703 shares of the business’s stock in a transaction on Thursday, August 3rd. The shares were sold at an average price of GBX 367 ($4.83), for a total value of £479,680.01 ($630,660.02). Also, insider Dean K. Finch purchased 14,200 shares of the stock in a transaction on Monday, September 18th. The stock was acquired at an average cost of GBX 347 ($4.56) per share, with a total value of £49,274 ($64,783.07).
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National Express Group PLC (NEX) opened at 352.80 on Thursday. The firm’s market cap is GBX 1.80 billion. The firm’s 50-day moving average price is GBX 352.97 and its 200-day moving average price is GBX 361.49. National Express Group PLC has a 12 month low of GBX 332.40 and a 12 month high of GBX 389.00.
The firm also recently declared a dividend, which was paid on Friday, September 22nd. Shareholders of record on Thursday, August 31st were paid a GBX 4.26 ($0.06) dividend. This represents a yield of 1.16%. The ex-dividend date was Thursday, August 31st.
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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