National Express Group PLC (NEX) Given Average Recommendation of “Buy” by Brokerages

Shares of National Express Group PLC (LON:NEX) have received an average rating of “Buy” from the thirteen ratings firms that are covering the stock, MarketBeat.com reports. One investment analyst has rated the stock with a sell recommendation, four have given a hold recommendation and eight have issued a buy recommendation on the company. The average 12 month target price among brokers that have issued a report on the stock in the last year is GBX 411.38 ($5.24).

Several equities analysts have commented on the stock. Liberum Capital reissued a “buy” rating and set a GBX 400 ($5.10) target price on shares of National Express Group PLC in a research note on Thursday, April 6th. HSBC Holdings plc raised their target price on shares of National Express Group PLC from GBX 400 ($5.10) to GBX 440 ($5.61) and gave the company a “buy” rating in a research note on Friday, April 28th. Canaccord Genuity reissued a “buy” rating and set a GBX 432 ($5.50) target price on shares of National Express Group PLC in a research note on Wednesday, May 10th. Shore Capital reissued a “sell” rating on shares of National Express Group PLC in a research note on Wednesday, May 10th. Finally, Deutsche Bank AG raised their target price on shares of National Express Group PLC from GBX 365 ($4.65) to GBX 380 ($4.84) and gave the company a “hold” rating in a research note on Thursday, March 2nd.

National Express Group PLC (LON:NEX) traded down 0.37% during trading on Friday, hitting GBX 378.60. The company had a trading volume of 715,930 shares. The firm’s 50 day moving average is GBX 365.76 and its 200-day moving average is GBX 355.65. The stock’s market capitalization is GBX 1.93 billion. National Express Group PLC has a 52-week low of GBX 252.81 and a 52-week high of GBX 389.00.

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In other news, insider Matthew Ashley bought 2,696 shares of the firm’s stock in a transaction on Friday, May 12th. The stock was bought at an average cost of GBX 368 ($4.69) per share, for a total transaction of £9,921.28 ($12,640.18). Also, insider Dean K. Finch sold 444,095 shares of the firm’s stock in a transaction dated Thursday, April 13th. The stock was sold at an average price of GBX 356 ($4.54), for a total transaction of £1,580,978.20 ($2,014,241.56).

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.

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