National Express Group (NEX) Price Target Raised to GBX 455 at HSBC
National Express Group (LON:NEX) had its price objective hoisted by HSBC from GBX 440 ($5.75) to GBX 455 ($5.95) in a research report report published on Friday morning. They currently have a buy rating on the stock.
A number of other research firms also recently commented on NEX. Liberum Capital reiterated a hold rating on shares of National Express Group in a report on Friday, July 27th. UBS Group reiterated a hold rating and issued a GBX 410 ($5.36) target price on shares of National Express Group in a report on Friday, July 27th. Canaccord Genuity boosted their target price on shares of National Express Group from GBX 440 ($5.75) to GBX 465 ($6.08) and gave the stock a buy rating in a report on Friday, July 27th. Royal Bank of Canada upgraded shares of National Express Group to a top pick rating in a report on Monday, July 9th. Finally, Morgan Stanley downgraded shares of National Express Group to an equal weight rating in a report on Friday, September 14th. Six research analysts have rated the stock with a hold rating, four have assigned a buy rating and one has issued a strong buy rating to the stock. National Express Group presently has an average rating of Buy and a consensus price target of GBX 429.56 ($5.61).
Shares of LON NEX traded up GBX 1.20 ($0.02) during midday trading on Friday, reaching GBX 421 ($5.50). The company’s stock had a trading volume of 1,039,728 shares, compared to its average volume of 724,231. National Express Group has a one year low of GBX 337.20 ($4.41) and a one year high of GBX 401.80 ($5.25).
In other news, insider Michael J. E. McKeon bought 5,000 shares of the company’s stock in a transaction dated Tuesday, August 7th. The shares were acquired at an average cost of GBX 409 ($5.34) per share, with a total value of £20,450 ($26,721.55).
National Express Group 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.
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