National Express Group PLC (NEX) Stock Rating Reaffirmed by Liberum Capital

National Express Group PLC (LON:NEX)‘s stock had its “buy” rating reaffirmed by research analysts at Liberum Capital in a report issued on Thursday. They presently have a GBX 400 ($5.03) price objective on the stock. Liberum Capital’s target price would suggest a potential upside of 13.22% from the company’s previous close.

Several other equities research analysts have also commented on the stock. Royal Bank of Canada upped their price target on shares of National Express Group PLC from GBX 405 ($5.10) to GBX 440 ($5.54) and gave the company an “outperform” rating in a research report on Wednesday, April 5th. Jefferies Group LLC increased their target price on shares of National Express Group PLC from GBX 405 ($5.10) to GBX 430 ($5.41) and gave the stock a “buy” rating in a report on Monday, March 13th. Deutsche Bank AG increased their target price on shares of National Express Group PLC from GBX 365 ($4.59) to GBX 380 ($4.78) and gave the stock a “hold” rating in a report on Thursday, March 2nd. Canaccord Genuity reissued a “buy” rating and issued a GBX 432 ($5.44) target price on shares of National Express Group PLC in a report on Monday, February 27th. Finally, Barclays PLC reduced their target price on shares of National Express Group PLC from GBX 395 ($4.97) to GBX 385 ($4.85) and set an “overweight” rating for the company in a report on Friday, February 24th. One analyst has rated the stock with a sell rating, three have given a hold rating and nine have given a buy rating to the stock. The stock has an average rating of “Buy” and an average target price of GBX 401.20 ($5.05).

Analyst Recommendations for National Express Group PLC (LON:NEX)

Shares of National Express Group PLC (LON:NEX) traded up 0.76% during mid-day trading on Thursday, hitting GBX 356.00. 888,522 shares of the company traded hands. The firm has a 50-day moving average of GBX 359.81 and a 200-day moving average of GBX 353.48. The stock’s market capitalization is GBX 1.81 billion. National Express Group PLC has a one year low of GBX 252.81 and a one year high of GBX 379.10.

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

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In other news, insider Dean K. Finch sold 444,095 shares of the stock in a transaction that occurred on Thursday, April 13th. The stock was sold at an average price of GBX 356 ($4.48), for a total transaction of £1,580,978.20 ($1,989,903.34). Also, insider Matthew Ashley sold 40,278 shares of the stock in a transaction that occurred on Wednesday, March 15th. The shares were sold at an average price of GBX 359 ($4.52), for a total value of £144,598.02 ($181,998.77).

About National Express Group PLC

National Express Group PLC is an international transport company. The Company’s segments include UK Bus, UK Coach, German Rail, North America (operates school bus and transit services), Spain and Morocco (operates bus and coach services), and Central functions. The UK Bus segment’s services are operated from nine garages across the West Midlands.

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