Canaccord Genuity Reaffirms “Buy” Rating for National Express Group (NEX)
National Express Group (LON:NEX)‘s stock had its “buy” rating reissued by investment analysts at Canaccord Genuity in a research note issued on Monday. They currently have a GBX 432 ($5.81) price target on the stock. Canaccord Genuity’s price objective would suggest a potential upside of 16.76% from the stock’s current price.
A number of other research firms also recently commented on NEX. Liberum Capital cut their target price on shares of National Express Group from GBX 400 ($5.38) to GBX 390 ($5.25) and set a “buy” rating on the stock in a research report on Wednesday, September 20th. HSBC reissued a “buy” rating and set a GBX 440 ($5.92) target price on shares of National Express Group in a research report on Friday, November 3rd. Shore Capital reissued a “sell” rating on shares of National Express Group in a research report on Friday, August 18th. reissued a “buy” rating and set a GBX 440 ($5.92) target price on shares of National Express Group in a research report on Friday, November 3rd. Finally, reissued a “buy” rating and set a GBX 440 ($5.92) target price on shares of National Express Group in a research report on Friday, November 3rd. One equities research analyst has rated the stock with a sell rating, three have given a hold rating and ten have assigned a buy rating to the company. National Express Group currently has a consensus rating of “Buy” and a consensus target price of GBX 409.67 ($5.51).
National Express Group (NEX) traded up GBX 5.20 ($0.07) during midday trading on Monday, reaching GBX 370 ($4.98). 585,217 shares of the company’s stock were exchanged, compared to its average volume of 573,526. National Express Group has a 1-year low of GBX 332.40 ($4.47) and a 1-year high of GBX 389 ($5.24).
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National Express Group 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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