National Express Group (NEX) Rating Reiterated by Liberum Capital
National Express Group (LON:NEX)‘s stock had its “buy” rating restated by stock analysts at Liberum Capital in a research report issued to clients and investors on Tuesday. They presently have a GBX 390 ($5.29) target price on the stock. Liberum Capital’s price objective indicates a potential upside of 4.95% from the company’s previous close.
Several other analysts have also recently commented on NEX. restated a “buy” rating and set a GBX 440 ($5.97) price target on shares of National Express Group in a report on Friday, November 3rd. HSBC reiterated a “buy” rating and issued a GBX 440 ($5.97) target price on shares of National Express Group in a research note on Friday, November 3rd. JPMorgan Chase & Co. reduced their target price on shares of National Express Group from GBX 414 ($5.61) to GBX 412 ($5.59) and set an “overweight” rating for the company in a research note on Tuesday, October 31st. reiterated a “buy” rating and issued a GBX 440 ($5.97) target price on shares of National Express Group in a research note on Friday, November 3rd. Finally, Canaccord Genuity reiterated a “buy” rating and issued a GBX 432 ($5.86) target price on shares of National Express Group in a research note on Monday, December 4th. One investment analyst has rated the stock with a sell rating, three have given a hold rating and ten have issued a buy rating to the company. The company has a consensus rating of “Buy” and an average target price of GBX 409.67 ($5.56).
National Express Group (LON NEX) traded down GBX 1.80 ($0.02) during mid-day trading on Tuesday, hitting GBX 371.60 ($5.04). 312,332 shares of the company traded hands, compared to its average volume of 431,165. The firm has a market capitalization of $1,890.00 and a PE ratio of 1,615.65. National Express Group has a twelve month low of GBX 332.40 ($4.51) and a twelve month high of GBX 391 ($5.30).
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.
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