National Express Group (LON:NEX) Rating Reaffirmed
Recently, In recent note issued to clients on Wednesday, 9 December, National Express Group (LON:NEX) shares have had their Outperform Rating has decided to reaffirm by research analysts at RBC Capital Markets, who currently has a GBX 350 Estimated Target Price on company. This target by RBC Capital Markets gives the possibile upside of 6.38% from the last stock close.
From a total of 13 analysts covering National Express Group PLC (LON:NEX) stock, 8 rate it a ”Buy”, 1 a “Sell”, and 5 a ”Hold”. This means that 57% of the ratings are positive. The highest target price is GBX 350 while the lowest target price is GBX 250. The mean of all analyst targets is GBX 309.92 with a -8.70% below today’s (GBX 328.7) stock price. National Express Group PLC was the topic of 24 analyst reports since July 23, 2015 according to the firm StockzIntelligence Inc. Deutsche Bank maintained shares on November 4 with “Hold” rating. Panmure Gordon maintained shares with “Hold” rating and GBX 275 target share price in a report from an October 29. Investec maintained NEX stock in a recent report from October 30 with “Hold” rating. RBC Capital Markets upgraded the rating on October 26. RBC Capital Markets has a “Outperform” rating and a GBX 310 price target on shares. Finally, JP Morgan maintained the stock with “Neutral” rating in a report issued on an October 30.
Approximately 421,045 shares of stock traded hands. National Express Group PLC (LON:NEX) has risen 11.12% since May 12, 2015 and is uptrending. It has outperformed by 11.91% the S&P500.
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 has a market cap of 1.71 billion GBP. The Company’s divisions include UK Bus, UK Coach, Rail, North American Bus, Spanish Coach and Bus, and Central functions. It has 20.37 P/E ratio. The UK Bus segment’s services are operated from nine garages across the West Midlands.