Deutsche Bank Raises National Express Group (NEX) Price Target to GBX 390

National Express Group (LON:NEX) had its price target upped by research analysts at Deutsche Bank from GBX 380 ($5.25) to GBX 390 ($5.39) in a research report issued on Monday. The brokerage presently has a “hold” rating on the stock. Deutsche Bank’s price objective indicates a potential upside of 0.10% from the company’s previous close.

Other equities research analysts have also issued reports about the company. Liberum Capital reissued a “buy” rating on shares of National Express Group in a research report on Friday. Canaccord Genuity reissued a “buy” rating and issued a GBX 432 ($5.97) price target on shares of National Express Group in a research report on Monday, December 4th. Finally, Royal Bank of Canada increased their price target on National Express Group from GBX 440 ($6.08) to GBX 445 ($6.15) and gave the company an “outperform” rating in a research report on Friday. One analyst has rated the stock with a sell rating, two have issued a hold rating and ten have assigned a buy rating to the company. The stock currently has an average rating of “Buy” and an average target price of GBX 417.18 ($5.76).

National Express Group (LON:NEX) traded up GBX 1.40 ($0.02) during midday trading on Monday, reaching GBX 389.60 ($5.38). The company had a trading volume of 508,285 shares, compared to its average volume of 704,164. The stock has a market cap of $1,990.00 and a price-to-earnings ratio of 1,693.91. National Express Group has a twelve month low of GBX 337.20 ($4.66) and a twelve month high of GBX 401.80 ($5.55).

In other National Express Group news, insider Matthew Ashley sold 62,309 shares of the company’s stock in a transaction on Tuesday, March 6th. The stock was sold at an average price of GBX 390 ($5.39), for a total value of £243,005.10 ($335,735.15). Also, insider Dean K. Finch sold 91,838 shares of the company’s stock in a transaction on Thursday, March 8th. The shares were sold at an average price of GBX 394 ($5.44), for a total value of £361,841.72 ($499,919.48).

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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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