November 24, 2016 - By Marie Mckinney
National Express Group (LON:NEX) had its stock rating noted as Buy by analysts at HSBC. HSBC currently has a GBX 400.00 target on the 1.84B GBP market cap company or 11.42% upside potential. This was revealed to clients and investors in a research note on Thursday, 24 November.
Out of 16 analysts covering National Express Group PLC (LON:NEX), 10 rate it a “Buy”, 0 “Sell”, while 6 “Hold”. This means 63% are positive. GBX 427 is the highest target while GBX 250 is the lowest. The GBX 362.54 average target is 0.99% above today’s (GBX 359) stock price. National Express Group PLC has been the topic of 70 analyst reports since July 23, 2015 according to StockzIntelligence Inc. The rating was maintained by Liberum Capital on Monday, May 23 with “Hold”. The firm has “Hold” rating by Deutsche Bank given on Monday, February 1. The stock of National Express Group PLC (LON:NEX) has “Buy” rating given on Wednesday, July 29 by Shore Capital. Barclays Capital maintained National Express Group PLC (LON:NEX) on Friday, March 11 with “Overweight” rating. On Friday, January 8 the stock rating was maintained by Barclays Capital with “Overweight”. The stock has “Hold” rating given by Liberum Capital on Thursday, October 27. On Wednesday, March 16 the stock rating was maintained by Jefferies with “Buy”. The stock has “Overweight” rating given by Barclays Capital on Wednesday, February 17. As per Monday, October 26, the company rating was upgraded by Liberum Capital. The stock of National Express Group PLC (LON:NEX) has “Buy” rating given on Thursday, February 25 by Liberum Capital.
The stock decreased 2.23% or GBX 8.2 on November 24, hitting GBX 359. About 911,282 shares traded hands or 61.83% up from the average. National Express Group PLC (LON:NEX) has risen 11.07% since April 26, 2016 and is uptrending. It has outperformed by 5.66% 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 1.84 billion GBP. The Company’s divisions are UK Bus, UK Coach, Rail, North America, Spain and Morocco, and Central functions. It has a 16.67 P/E ratio. The UK Bus segment’s services are operated from over nine garages across the West Midlands.
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