National Express Group PLC (NEX) Receives Average Recommendation of “Buy” from Analysts

National Express Group PLC (LON:NEX) has been given a consensus rating of “Buy” by the fifteen research firms that are covering the firm, MarketBeat reports. One equities research analyst has rated the stock with a sell recommendation, three have given a hold recommendation and eleven have given a buy recommendation to the company. The average 1-year price target among analysts that have updated their coverage on the stock in the last year is GBX 412.18 ($5.52).

A number of research analysts have recently weighed in on NEX shares. restated a “buy” rating and issued a GBX 440 ($5.89) price target on shares of National Express Group in a research report on Friday, November 3rd. J P Morgan Chase & Co dropped their price target on National Express Group from GBX 414 ($5.54) to GBX 412 ($5.52) and set an “overweight” rating for the company in a research report on Tuesday, October 31st. Liberum Capital restated a “buy” rating and issued a GBX 390 ($5.22) price target on shares of National Express Group in a research report on Thursday, October 26th. Shore Capital restated a “sell” rating on shares of National Express Group in a research report on Friday, August 18th. Finally, HSBC restated a “buy” rating and issued a GBX 440 ($5.89) price target on shares of National Express Group in a research report on Friday, November 3rd.

In other National Express Group news, insider Dean K. Finch purchased 14,200 shares of the firm’s stock in a transaction on Monday, September 18th. The shares were purchased at an average cost of GBX 347 ($4.65) per share, with a total value of £49,274 ($65,989.02). Also, insider Ashley Steel purchased 5,888 shares of the firm’s stock in a transaction on Monday, September 4th. The stock was acquired at an average cost of GBX 357 ($4.78) per share, for a total transaction of £21,020.16 ($28,150.74).

Shares of National Express Group (NEX) traded up GBX 0.80 ($0.01) during mid-day trading on Friday, hitting GBX 365.10 ($4.89). The stock had a trading volume of 228,977 shares, compared to its average volume of 558,314. National Express Group has a twelve month low of GBX 332.40 ($4.45) and a twelve month high of GBX 389 ($5.21).

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About National Express Group

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.

Analyst Recommendations for National Express Group (LON:NEX)

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