National Express Group PLC (NEX) Receives Consensus Recommendation of “Buy” from Analysts

Shares of National Express Group PLC (LON:NEX) have been given a consensus rating of “Buy” by the thirteen brokerages that are presently covering the company, MarketBeat Ratings reports. One analyst has rated the stock with a sell recommendation, three have assigned a hold recommendation and nine have given a buy recommendation to the company. The average 12 month price target among analysts that have covered the stock in the last year is GBX 413.40 ($5.71).

NEX has been the topic of a number of recent analyst reports. Canaccord Genuity reaffirmed a “buy” rating and set a GBX 432 ($5.97) price target on shares of National Express Group in a research report on Monday, December 4th. reaffirmed a “buy” rating and set a GBX 440 ($6.08) price target on shares of National Express Group in a research report on Friday, November 3rd. JPMorgan Chase & Co. reduced their price target on National Express Group from GBX 414 ($5.72) to GBX 412 ($5.69) and set an “overweight” rating on the stock in a research report on Tuesday, October 31st. Liberum Capital reaffirmed a “buy” rating and set a GBX 390 ($5.39) price target on shares of National Express Group in a research report on Thursday, October 26th. Finally, HSBC reaffirmed a “buy” rating and set a GBX 440 ($6.08) price target on shares of National Express Group in a research report on Friday, November 3rd.

In related news, insider Chris Davies acquired 3,000 shares of the company’s stock in a transaction dated Thursday, December 14th. The shares were purchased at an average cost of GBX 367 ($5.07) per share, with a total value of £11,010 ($15,211.38).

National Express Group (NEX) opened at GBX 349.78 ($4.83) on Wednesday. The stock has a market capitalization of $1,780.00 and a price-to-earnings ratio of 1,520.78. National Express Group has a 12-month low of GBX 332.40 ($4.59) and a 12-month high of GBX 391 ($5.40).

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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.

Analyst Recommendations for National Express Group (LON:NEX)

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