National Express Group PLC (NEX) Given Consensus Rating of “Buy” by Brokerages

Shares of National Express Group PLC (LON:NEX) have been assigned a consensus rating of “Buy” from the thirteen analysts that are currently covering the firm, MarketBeat.com reports. One research analyst has rated the stock with a sell rating, three have given a hold rating and nine have issued a buy rating on the company. The average 12-month price target among brokerages that have issued a report on the stock in the last year is GBX 407.33 ($5.30).

Several brokerages recently issued reports on NEX. Shore Capital restated a “sell” rating on shares of National Express Group PLC in a research report on Wednesday, May 31st. Royal Bank Of Canada began coverage on National Express Group PLC in a research report on Wednesday, May 31st. They set a “sector perform” rating for the company. JPMorgan Chase & Co. lifted their price objective on National Express Group PLC from GBX 404 ($5.26) to GBX 414 ($5.39) and gave the stock an “overweight” rating in a research report on Friday, July 28th. Barclays PLC restated an “overweight” rating and set a GBX 385 ($5.01) price objective on shares of National Express Group PLC in a research report on Friday, July 28th. Finally, Jefferies Group LLC restated a “buy” rating and set a GBX 430 ($5.60) price objective on shares of National Express Group PLC in a research report on Friday, July 28th.

Shares of National Express Group PLC (LON:NEX) opened at 370.40 on Friday. The firm’s market cap is GBX 1.90 billion. The company has a 50 day moving average price of GBX 366.36 and a 200 day moving average price of GBX 359.72. National Express Group PLC has a 12-month low of GBX 332.40 and a 12-month high of GBX 382.67.

The business also recently disclosed a dividend, which will be paid on Friday, September 22nd. Stockholders of record on Thursday, August 31st will be paid a dividend of GBX 4.26 ($0.06) per share. The ex-dividend date of this dividend is Thursday, August 31st. This represents a dividend yield of 1.16%.

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In other news, insider Dean K. Finch sold 130,703 shares of the business’s stock in a transaction on Thursday, August 3rd. The shares were sold at an average price of GBX 367 ($4.78), for a total transaction of £479,680.01 ($624,664.68). Also, insider Elliott (Lee) Sander acquired 1,000 shares of the stock in a transaction dated Thursday, May 25th. The shares were bought at an average cost of GBX 479 ($6.24) per share, with a total value of £4,790 ($6,237.79).

National Express Group PLC 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.

Analyst Recommendations for National Express Group PLC (LON:NEX)

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