Jefferies Group LLC reiterated their buy rating on shares of National Express Group PLC (LON:NEX) in a research report sent to investors on Friday, July 28th. Jefferies Group LLC currently has a GBX 430 ($5.58) target price on the stock.
Several other equities analysts have also issued reports on NEX. J P Morgan Chase & Co restated a neutral rating and set a GBX 383 ($4.97) price target on shares of National Express Group PLC in a research note on Thursday, May 11th. Barclays PLC restated an overweight rating and set a GBX 385 ($5.00) price target on shares of National Express Group PLC in a research note on Friday, July 28th. Canaccord Genuity reaffirmed a buy rating and set a GBX 432 ($5.61) price objective on shares of National Express Group PLC in a report on Wednesday, May 10th. Liberum Capital reaffirmed a buy rating and set a GBX 400 ($5.19) price objective on shares of National Express Group PLC in a report on Wednesday, May 10th. Finally, Royal Bank Of Canada lifted their price objective on National Express Group PLC from GBX 405 ($5.26) to GBX 440 ($5.71) and gave the company an outperform rating in a report on Wednesday, April 5th. One investment analyst has rated the stock with a sell rating, three have assigned a hold rating and nine have given a buy rating to the company’s stock. National Express Group PLC currently has an average rating of Buy and an average target price of GBX 404.36 ($5.25).
National Express Group PLC (LON:NEX) opened at 372.10 on Friday. National Express Group PLC has a 12 month low of GBX 332.40 and a 12 month high of GBX 389.00. The stock’s market cap is GBX 1.90 billion. The stock’s 50 day moving average price is GBX 366.10 and its 200-day moving average price is GBX 360.60.
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The firm also recently disclosed a dividend, which will be paid on Friday, September 22nd. Stockholders of record on Thursday, August 31st will be paid a dividend of GBX 4.26 ($0.06) per share. The ex-dividend date of this dividend is Thursday, August 31st. This represents a dividend yield of 1.16%.
In related news, insider Elliott (Lee) Sander purchased 1,000 shares of the stock in a transaction on Thursday, May 25th. The shares were purchased at an average cost of GBX 479 ($6.22) per share, with a total value of £4,790 ($6,218.36). Also, insider Dean K. Finch sold 130,703 shares of the stock in a transaction dated Thursday, August 3rd. The shares were sold at an average price of GBX 367 ($4.76), for a total transaction of £479,680.01 ($622,718.43).
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.
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