National Express Group PLC’s (NEX) Sell Rating Reiterated at Shore Capital
National Express Group PLC (LON:NEX)‘s stock had its “sell” rating reaffirmed by Shore Capital in a research report issued to clients and investors on Wednesday, May 31st.
NEX has been the subject of a number of other reports. J P Morgan Chase & Co upped their price target on National Express Group PLC from GBX 358 ($4.53) to GBX 383 ($4.85) and gave the company a “neutral” rating in a research note on Friday, February 24th. Liberum Capital reaffirmed a “hold” rating and issued a GBX 370 ($4.68) price target on shares of National Express Group PLC in a research note on Thursday, February 23rd. Deutsche Bank AG upped their price target on National Express Group PLC from GBX 365 ($4.62) to GBX 380 ($4.81) and gave the company a “hold” rating in a research note on Thursday, March 2nd. Barclays PLC lowered their price target on National Express Group PLC from GBX 395 ($5.00) to GBX 385 ($4.87) and set an “overweight” rating for the company in a research note on Friday, February 24th. Finally, Canaccord Genuity reaffirmed a “buy” rating and issued a GBX 432 ($5.46) price target on shares of National Express Group PLC in a research note on Monday, February 27th. One analyst has rated the stock with a sell rating, four have assigned a hold rating and eight have issued a buy rating to the stock. The company has a consensus rating of “Buy” and a consensus price target of GBX 407.30 ($5.15).
National Express Group PLC (LON:NEX) traded up 1.79% during trading on Wednesday, hitting GBX 369.80. 1,788,518 shares of the stock traded hands. The stock’s market cap is GBX 1.88 billion. National Express Group PLC has a 52 week low of GBX 252.81 and a 52 week high of GBX 379.70. The firm’s 50-day moving average is GBX 364.29 and its 200 day moving average is GBX 355.22.
In other news, insider Dean K. Finch sold 444,095 shares of the stock in a transaction that occurred on Thursday, April 13th. The stock was sold at an average price of GBX 356 ($4.50), for a total value of £1,580,978.20 ($1,999,972.42). Also, insider Matthew Ashley acquired 2,696 shares of the business’s stock in a transaction dated Friday, May 12th. The stock was bought at an average cost of GBX 368 ($4.66) per share, with a total value of £9,921.28 ($12,550.64).
About National Express Group PLC
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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