National Express Group PLC (NEX) Given Consensus Recommendation of “Buy” by Brokerages
National Express Group PLC (LON:NEX) has been given a consensus rating of “Buy” by the fourteen brokerages that are covering the company, MarketBeat Ratings reports. One 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. The average 12-month target price among brokers that have issued ratings on the stock in the last year is GBX 413.40 ($5.61).
NEX has been the topic of several recent analyst reports. HSBC reiterated a “buy” rating and set a GBX 440 ($5.97) target price on shares of National Express Group in a report on Friday, November 3rd. Liberum Capital reiterated a “buy” rating and set a GBX 390 ($5.29) target price on shares of National Express Group in a report on Thursday, October 26th. Canaccord Genuity reissued a “buy” rating and issued a GBX 432 ($5.86) price target on shares of National Express Group in a research note on Monday, December 4th. reissued a “buy” rating and issued a GBX 440 ($5.97) price target on shares of National Express Group in a research note on Friday, November 3rd. Finally, reissued a “buy” rating and issued a GBX 440 ($5.97) price target on shares of National Express Group in a research note on Friday, November 3rd.
In related news, insider Chris Davies bought 3,000 shares of the stock in a transaction that occurred on Thursday, December 14th. The shares were acquired at an average price of GBX 367 ($4.98) per share, with a total value of £11,010 ($14,930.84).
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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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