HSBC Raises National Express Group (NEX) Price Target to GBX 455
National Express Group (LON:NEX) had its target price increased by HSBC from GBX 440 ($5.75) to GBX 455 ($5.95) in a research note issued on Friday. The firm presently has a “buy” rating on the stock. HSBC’s price objective would indicate a potential upside of 8.38% from the company’s current price.
A number of other analysts have also recently commented on the company. Morgan Stanley cut National Express Group to an “equal weight” rating in a research report on Friday, September 14th. UBS Group reissued a “hold” rating and issued a GBX 410 ($5.36) price target on shares of National Express Group in a research report on Friday, July 27th. Royal Bank of Canada reissued a “top pick” rating on shares of National Express Group in a research report on Monday. Canaccord Genuity boosted their price target on National Express Group from GBX 440 ($5.75) to GBX 465 ($6.08) and gave the stock a “buy” rating in a research report on Friday, July 27th. Finally, Liberum Capital reissued a “hold” rating on shares of National Express Group in a research report on Wednesday, July 4th. Five research analysts have rated the stock with a hold rating, five have given a buy rating and one has given a strong buy rating to the company’s stock. National Express Group presently has an average rating of “Buy” and an average target price of GBX 429.67 ($5.61).
Shares of NEX opened at GBX 419.80 ($5.49) on Friday. National Express Group has a 52 week low of GBX 337.20 ($4.41) and a 52 week high of GBX 401.80 ($5.25).
About National Express Group
National Express Group PLC provides public transportation services in the United Kingdom, Continental Europe, North Africa, North America, and the Middle East. The company operates through UK Bus, UK Coach, German Rail, North America, Spain and Morocco, and Central functions segments. It primarily offers bus, coach, and rail services.
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