Analysts Set National Express Group PLC (NEX) Price Target at $397.70

National Express Group PLC (LON:NEX) has been given an average rating of “Buy” by the thirteen brokerages that are presently covering the company. One investment analyst has rated the stock with a sell recommendation, three have issued a hold recommendation and nine have assigned a buy recommendation to the company. The average 1 year price objective among brokerages that have issued a report on the stock in the last year is GBX 397.70 ($5.00).

Several research firms recently weighed in on NEX. Jefferies Group LLC increased their price target on National Express Group PLC from GBX 405 ($5.09) to GBX 430 ($5.40) and gave the company a “buy” rating in a report on Monday, March 13th. Deutsche Bank AG increased their price target on National Express Group PLC from GBX 365 ($4.59) to GBX 380 ($4.78) and gave the company a “hold” rating in a report on Thursday, March 2nd. Canaccord Genuity restated a “buy” rating and set a GBX 432 ($5.43) price target on shares of National Express Group PLC in a report on Monday, February 27th. Liberum Capital upgraded National Express Group PLC to a “buy” rating and increased their price target for the company from GBX 370 ($4.65) to GBX 400 ($5.03) in a report on Monday, February 27th. Finally, Barclays PLC decreased their price target on National Express Group PLC from GBX 395 ($4.96) to GBX 385 ($4.84) and set an “overweight” rating on the stock in a report on Friday, February 24th.

Shares of National Express Group PLC (LON:NEX) opened at 359.60 on Thursday. The company’s market cap is GBX 1.83 billion. National Express Group PLC has a one year low of GBX 252.81 and a one year high of GBX 379.10. The stock’s 50 day moving average is GBX 352.61 and its 200-day moving average is GBX 351.99.

The business also recently disclosed a dividend, which will be paid on Friday, May 19th. Investors of record on Thursday, April 27th will be given a dividend of GBX 8.41 ($0.11) per share. The ex-dividend date is Thursday, April 27th. This represents a yield of 2.4%. This is an increase from National Express Group PLC’s previous dividend of $3.87.

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In related news, insider Matthew Ashley sold 40,278 shares of the firm’s stock in a transaction dated Wednesday, March 15th. The stock was sold at an average price of GBX 359 ($4.51), for a total transaction of £144,598.02 ($181,724.29).

About National Express Group PLC

National Express Group PLC is a public transport operator with bus, coach and rail services in the United Kingdom, Continental Europe, North Africa, North America and the Middle East. The Company’s segments include UK Bus, UK Coach, Rail, North America, Spain and Morocco, and Central functions. The UK Bus segment’s services are operated from nine garages across the West Midlands.

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