National Express Group PLC (NEX) Rating Reiterated by Shore Capital

National Express Group PLC (LON:NEX)‘s stock had its “sell” rating reissued by equities researchers at Shore Capital in a note issued to investors on Wednesday, May 10th.

A number of other equities research analysts have also weighed in on NEX. Liberum Capital reiterated a “hold” rating and issued a GBX 370 ($4.78) price objective on shares of National Express Group PLC in a research report on Wednesday, January 11th. Canaccord Genuity reiterated a “buy” rating and issued a GBX 432 ($5.58) price objective on shares of National Express Group PLC in a research report on Monday, February 27th. Barclays PLC restated an “overweight” rating and set a GBX 395 ($5.10) price target on shares of National Express Group PLC in a research report on Monday, January 30th. Deutsche Bank AG lifted their price target on National Express Group PLC from GBX 365 ($4.71) to GBX 380 ($4.91) and gave the company a “hold” rating in a research report on Thursday, March 2nd. Finally, JPMorgan Chase & Co. lifted their price target on National Express Group PLC from GBX 358 ($4.62) to GBX 383 ($4.94) and gave the company a “neutral” rating in a research report on Friday, February 24th. One analyst has rated the stock with a sell rating, four have assigned a hold rating and eight 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 405.20 ($5.23).

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

Shares of National Express Group PLC (LON:NEX) opened at 359.30 on Wednesday. The firm’s 50-day moving average is GBX 360.03 and its 200-day moving average is GBX 354.31. The company’s market cap is GBX 1.83 billion. National Express Group PLC has a one year low of GBX 252.81 and a one year high of GBX 379.10.

The firm also recently declared a dividend, which was paid on Friday, May 19th. Stockholders of record on Thursday, April 27th were paid a GBX 8.41 ($0.11) dividend. The ex-dividend date was Thursday, April 27th. This represents a dividend yield of 2.4%. This is a boost from National Express Group PLC’s previous dividend of $3.87.

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In other National Express Group PLC news, insider Matthew Ashley purchased 2,696 shares of the firm’s stock in a transaction dated Friday, May 12th. The stock was purchased at an average price of GBX 368 ($4.75) per share, for a total transaction of £9,921.28 ($12,806.61). Also, insider Dean K. Finch sold 444,095 shares of the business’s stock in a transaction on Thursday, April 13th. The stock was sold at an average price of GBX 356 ($4.60), for a total value of £1,580,978.20 ($2,040,761.84).

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.

12 Month Chart for LON:NEX

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