Shares of National Express Group PLC (LON:NEX) have been assigned an average recommendation of “Buy” from the eight analysts that are currently covering the firm, MarketBeat Ratings reports. Three investment analysts have rated the stock with a hold rating, four have issued a buy rating and one has issued a strong buy rating on the company. The average twelve-month price target among brokers that have covered the stock in the last year is GBX 444.20 ($5.80).
NEX has been the topic of several analyst reports. Liberum Capital raised shares of National Express Group to a “buy” rating and set a GBX 470 ($6.14) target price on the stock in a report on Monday, January 28th. Canaccord Genuity reaffirmed a “buy” rating and issued a GBX 465 ($6.08) target price on shares of National Express Group in a report on Wednesday. Jefferies Financial Group raised their target price on shares of National Express Group from GBX 450 ($5.88) to GBX 480 ($6.27) and gave the company a “buy” rating in a report on Thursday, March 7th. Finally, Royal Bank of Canada reaffirmed a “top pick” rating on shares of National Express Group in a report on Friday, February 1st.
In other National Express Group news, insider Dean K. Finch sold 119,939 shares of the firm’s stock in a transaction that occurred on Friday, March 8th. The shares were sold at an average price of GBX 431 ($5.63), for a total transaction of £516,937.09 ($675,469.87).
National Express Group (LON:NEX) last issued its earnings results on Thursday, February 28th. The company reported GBX 32.90 ($0.43) earnings per share for the quarter, beating the Thomson Reuters’ consensus estimate of GBX 32.40 ($0.42) by GBX 0.50 ($0.01). On average, equities analysts anticipate that National Express Group will post 3433.99986616797 EPS for the current year.
The business also recently disclosed a dividend, which will be paid on Tuesday, May 14th. Shareholders of record on Thursday, April 18th will be issued a dividend of GBX 10.17 ($0.13) per share. The ex-dividend date of this dividend is Thursday, April 18th. This represents a yield of 2.39%. This is a boost from National Express Group’s previous dividend of $4.69. National Express Group’s dividend payout ratio (DPR) is presently 0.57%.
National Express Group Company Profile
National Express Group PLC provides public transport services in the United Kingdom, Continental Europe, North Africa, North America, and the Middle East. The company operates through UK, German Rail, ALSA, and North America segments. It owns and leases buses, coaches, and trains to deliver local, regional, national, and international transportation services.
Recommended Story: How to calculate the annual rate of depreciation
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.