National Express Group PLC (NEX) Given Average Rating of “Buy” by Analysts
Shares of National Express Group PLC (LON:NEX) have received an average rating of “Buy” from the fourteen research firms that are currently covering the firm. Five analysts have rated the stock with a hold rating and nine have issued a buy rating on the company. The average 1-year price target among brokers that have updated their coverage on the stock in the last year is GBX 373 ($4.66).
A number of equities analysts recently issued reports on the company. Canaccord Genuity restated a “buy” rating and set a GBX 427 ($5.33) price objective on shares of National Express Group PLC in a report on Tuesday, October 25th. Royal Bank Of Canada boosted their price objective on National Express Group PLC from GBX 365 ($4.56) to GBX 370 ($4.62) and gave the company an “outperform” rating in a report on Friday, July 29th. Barclays PLC restated an “overweight” rating and set a GBX 385 ($4.81) price objective on shares of National Express Group PLC in a report on Friday, July 29th. JPMorgan Chase & Co. boosted their price objective on National Express Group PLC from GBX 397 ($4.96) to GBX 406 ($5.07) and gave the company an “overweight” rating in a report on Friday, July 29th. Finally, Liberum Capital reaffirmed a “hold” rating and set a GBX 340 ($4.25) target price on shares of National Express Group PLC in a research report on Thursday, July 28th.
Shares of National Express Group PLC (LON:NEX) opened at 363.40 on Tuesday. National Express Group PLC has a 1-year low of GBX 252.81 and a 1-year high of GBX 379.10. The stock’s market capitalization is GBX 1.85 billion. The stock has a 50 day moving average price of GBX 356.66 and a 200-day moving average price of GBX 338.67.
About National Express Group PLC
National Express Group PLC is a public transport operator with bus, coach and rail services in the United Kingdom, Continental Europe, North Africa, North America and the Middle East. The Company’s segments are UK Bus, UK Coach, Rail, North America, Spain and Morocco, and Central functions. The UK Bus segment’s services are operated from over nine garages across the West Midlands.
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