National Express Group PLC (NEX) Given Average Recommendation of “Buy” by Analysts
Shares of National Express Group PLC (LON:NEX) have received a consensus recommendation of “Buy” from the twelve research firms that are presently covering the firm, MarketBeat reports. One equities research analyst has rated the stock with a sell rating, three have given a hold rating and eight have given a buy rating to the company. The average 12-month price target among brokerages that have covered the stock in the last year is GBX 408.88 ($5.34).
NEX has been the topic of a number of recent research reports. Royal Bank Of Canada upped their price target on shares of National Express Group PLC from GBX 405 ($5.29) to GBX 440 ($5.75) and gave the company an “outperform” rating in a research note on Wednesday, April 5th. J P Morgan Chase & Co restated a “neutral” rating and set a GBX 383 ($5.00) price target on shares of National Express Group PLC in a research note on Thursday, May 11th. Liberum Capital restated a “buy” rating and set a GBX 400 ($5.22) price target on shares of National Express Group PLC in a research note on Wednesday, May 10th. Numis Securities Ltd restated a “hold” rating on shares of National Express Group PLC in a research note on Thursday, May 18th. Finally, Shore Capital restated a “sell” rating on shares of National Express Group PLC in a research note on Wednesday, May 31st.
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Shares of National Express Group PLC (LON NEX) traded down 0.50% on Tuesday, hitting GBX 360.30. 302,130 shares of the stock traded hands. National Express Group PLC has a 52 week low of GBX 329.60 and a 52 week high of GBX 389.00. The stock has a 50 day moving average price of GBX 366.86 and a 200-day moving average price of GBX 357.44. The stock’s market cap is GBX 1.84 billion.
In related news, insider Elliott (Lee) Sander purchased 1,000 shares of the firm’s stock in a transaction dated Thursday, May 25th. The shares were purchased at an average price of GBX 479 ($6.25) per share, with a total value of £4,790 ($6,254.90). Also, insider Matthew Ashley purchased 2,696 shares of the firm’s stock in a transaction dated Friday, May 12th. The stock was bought at an average cost of GBX 368 ($4.81) per share, for a total transaction of £9,921.28 ($12,955.45).
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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