National Express Group PLC (NEX) Receives GBX 444.20 Consensus Target Price from Analysts

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).

LON:NEX traded up GBX 2.20 ($0.03) during mid-day trading on Friday, hitting GBX 406 ($5.31). The stock had a trading volume of 404,402 shares, compared to its average volume of 724,231. The stock has a market cap of $2.07 billion and a price-to-earnings ratio of 15.32. National Express Group has a twelve month low of GBX 356 ($4.65) and a twelve month high of GBX 438 ($5.72). The company has a quick ratio of 0.52, a current ratio of 0.58 and a debt-to-equity ratio of 90.93.

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.

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Analyst Recommendations for National Express Group (LON:NEX)

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