National Express Group PLC (NEX) Stock Rating Reaffirmed by Liberum Capital

National Express Group PLC (LON:NEX)‘s stock had its “buy” rating restated by equities research analysts at Liberum Capital in a research report issued to clients and investors on Thursday. They presently have a GBX 390 ($5.15) price target on the stock. Liberum Capital’s price objective points to a potential upside of 5.49% from the stock’s current price.

NEX has been the topic of a number of other reports. Barclays PLC restated an “overweight” rating and set a GBX 385 ($5.08) target price on shares of National Express Group PLC in a research report on Friday, July 28th. Jefferies Group LLC reiterated a “buy” rating and issued a GBX 430 ($5.67) price objective on shares of National Express Group PLC in a research report on Friday, July 28th. Shore Capital reiterated a “sell” rating on shares of National Express Group PLC in a research report on Friday, August 18th. Investec reiterated a “buy” rating and issued a GBX 385 ($5.08) price objective on shares of National Express Group PLC in a research report on Friday, July 28th. Finally, J P Morgan Chase & Co lifted their price objective on shares of National Express Group PLC from GBX 404 ($5.33) to GBX 414 ($5.46) and gave the company an “overweight” rating in a research report on Friday, July 28th. One analyst has rated the stock with a sell rating, three have issued a hold rating and nine have assigned a buy rating to the stock. National Express Group PLC currently has an average rating of “Buy” and a consensus price target of GBX 403.45 ($5.32).

Shares of National Express Group PLC (NEX) opened at 369.70 on Thursday. The stock has a 50 day moving average of GBX 351.08 and a 200 day moving average of GBX 360.70. National Express Group PLC has a 12-month low of GBX 332.40 and a 12-month high of GBX 382.67. The company’s market cap is GBX 1.88 billion.

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In other news, insider Dean K. Finch bought 14,200 shares of the business’s stock in a transaction that occurred on Monday, September 18th. The stock was purchased at an average price of GBX 347 ($4.58) per share, with a total value of £49,274 ($65,022.43). Also, insider Ashley Steel bought 5,888 shares of the business’s stock in a transaction that occurred on Monday, September 4th. The stock was purchased at an average cost of GBX 357 ($4.71) per share, with a total value of £21,020.16 ($27,738.40).

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.

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

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