National Express Group PLC (LON:NEX) had its price target decreased by J P Morgan Chase & Co from GBX 414 ($5.46) to GBX 412 ($5.44) in a research note issued to investors on Tuesday, Marketbeat.com reports. J P Morgan Chase & Co currently has an overweight rating on the stock.
Other equities analysts have also recently issued research reports about the company. Liberum Capital dropped their target price on National Express Group PLC from GBX 400 ($5.28) to GBX 390 ($5.15) and set a buy rating for the company in a report on Wednesday, September 20th. Shore Capital reiterated a sell rating on shares of National Express Group PLC in a report on Friday, August 18th. Investec reiterated a buy rating and issued a GBX 385 ($5.08) target price on shares of National Express Group PLC in a report on Friday, July 28th. Jefferies Group LLC reiterated a buy rating and issued a GBX 430 ($5.67) target price on shares of National Express Group PLC in a report on Friday, July 28th. Finally, Barclays PLC reiterated an overweight rating and issued a GBX 385 ($5.08) target price on shares of National Express Group PLC in a report on Friday, July 28th. One research analyst has rated the stock with a sell rating, three have assigned a hold rating and nine have issued a buy rating to the company’s stock. The company has a consensus rating of Buy and an average price target of GBX 403.27 ($5.32).
National Express Group PLC (LON NEX) traded up GBX 3.80 ($0.05) during mid-day trading on Tuesday, reaching GBX 372.20 ($4.91). The company’s stock had a trading volume of 513,626 shares.
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In other news, insider Dean K. Finch bought 14,200 shares of the stock in a transaction on Monday, September 18th. The stock was acquired at an average cost of GBX 347 ($4.58) per share, for a total transaction of £49,274 ($65,022.43). Also, insider Ashley Steel bought 5,888 shares of the stock in a transaction on Monday, September 4th. The stock was purchased at an average price of GBX 357 ($4.71) per share, with a total value of £21,020.16 ($27,738.40).
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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