National Express Group (LON:NEX) had its target price increased by Royal Bank of Canada from GBX 440 ($6.08) to GBX 445 ($6.15) in a research note released on Friday morning. They currently have an outperform rating on the stock.
A number of other brokerages have also commented on NEX. Liberum Capital reiterated a buy rating on shares of National Express Group in a research note on Friday. Canaccord Genuity reiterated a buy rating and issued a GBX 432 ($5.97) price target on shares of National Express Group in a research note on Monday, December 4th. One investment analyst has rated the stock with a sell rating, one has issued a hold rating and ten have issued a buy rating to the company’s stock. National Express Group has a consensus rating of Buy and a consensus price target of GBX 419.90 ($5.80).
Shares of National Express Group (LON:NEX) traded down GBX 4.20 ($0.06) during mid-day trading on Friday, hitting GBX 388.20 ($5.36). 988,596 shares of the stock were exchanged, compared to its average volume of 684,368. National Express Group has a 52-week low of GBX 337.20 ($4.66) and a 52-week high of GBX 401.80 ($5.55). The company has a market capitalization of $1,990.00 and a price-to-earnings ratio of 1,687.83.
In other National Express Group news, insider Dean K. Finch sold 91,838 shares of National Express Group stock in a transaction that occurred on Thursday, March 8th. The shares were sold at an average price of GBX 394 ($5.44), for a total transaction of £361,841.72 ($499,919.48). Also, insider Chris Davies purchased 3,000 shares of the stock in a transaction on Thursday, December 14th. The shares were purchased at an average cost of GBX 367 ($5.07) per share, for a total transaction of £11,010 ($15,211.38).
COPYRIGHT VIOLATION NOTICE: “National Express Group (NEX) Price Target Raised to GBX 445 at Royal Bank of Canada” was posted by Ticker Report and is owned by of Ticker Report. If you are viewing this article on another site, it was copied illegally and republished in violation of US & international trademark and copyright law. The correct version of this article can be viewed at https://www.tickerreport.com/banking-finance/3253314/national-express-group-nex-price-target-raised-to-gbx-445-at-royal-bank-of-canada.html.
National Express Group 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.
Receive News & Ratings for National Express Group Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for National Express Group and related companies with MarketBeat.com's FREE daily email newsletter.