Numis Securities Upgrades National Express (NEX) to “Add”

National Express (LON:NEX) was upgraded by research analysts at Numis Securities to an “add” rating in a research report issued on Friday, March 16th.

Other equities analysts have also issued reports about the stock. Liberum Capital restated a “buy” rating on shares of National Express in a report on Friday, March 9th. Canaccord Genuity restated a “buy” rating and issued a GBX 432 ($6.06) price objective on shares of National Express in a report on Monday, December 4th. Deutsche Bank upped their price objective on shares of National Express from GBX 380 ($5.33) to GBX 390 ($5.47) and gave the stock a “hold” rating in a report on Monday, March 12th. Finally, Royal Bank of Canada upped their price objective on shares of National Express from GBX 440 ($6.18) to GBX 445 ($6.25) and gave the stock an “outperform” rating in a report on Friday, March 9th. One equities research analyst has rated the stock with a sell rating, two have issued a hold rating and ten have given a buy rating to the company. The stock has an average rating of “Buy” and a consensus price target of GBX 417.18 ($5.86).

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Shares of NEX stock opened at GBX 401.60 ($5.64) on Friday. National Express has a one year low of GBX 337.20 ($4.73) and a one year high of GBX 401.80 ($5.64).

In other National Express news, insider Dean K. Finch sold 84,598 shares of the stock in a transaction that occurred on Tuesday, March 20th. The shares were sold at an average price of GBX 392 ($5.50), for a total transaction of £331,624.16 ($465,502.75). Also, insider Dean K. Finch sold 91,838 shares of the stock in a transaction that occurred on Thursday, March 8th. The stock was sold at an average price of GBX 394 ($5.53), for a total transaction of £361,841.72 ($507,919.31). Over the last quarter, insiders have sold 238,745 shares of company stock worth $93,647,098.

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National Express Company Profile

National Express Group PLC provides public transportation services in the United Kingdom, Continental Europe, North Africa, North America, and the Middle East. The company operates through UK Bus, UK Coach, German Rail, North America, Spain and Morocco, and Central functions segments. It primarily offers bus, coach, and rail services.

Analyst Recommendations for National Express (LON:NEX)

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