UBS Group Reaffirms “Hold” Rating for National Express Group (NEX)
National Express Group (LON:NEX)‘s stock had its “hold” rating reissued by equities research analysts at UBS Group in a research report issued on Friday, July 27th, www.digitallook.com reports. They currently have a GBX 410 ($5.31) price target on the stock. UBS Group’s price target would suggest a potential downside of 1.87% from the company’s current price.
Other equities research analysts also recently issued reports about the stock. Liberum Capital reaffirmed a “hold” rating on shares of National Express Group in a research note on Friday, July 27th. Royal Bank of Canada raised shares of National Express Group to a “top pick” rating in a research note on Monday, July 9th. Finally, Canaccord Genuity reaffirmed a “buy” rating and set a GBX 432 ($5.59) target price on shares of National Express Group in a research note on Wednesday, July 4th. One analyst has rated the stock with a sell rating, four have assigned a hold rating, five have assigned a buy rating and one has assigned a strong buy rating to the stock. The stock presently has an average rating of “Buy” and a consensus target price of GBX 428 ($5.54).
NEX traded up GBX 3.60 ($0.05) during trading hours on Friday, hitting GBX 417.80 ($5.41). 524,809 shares of the company’s stock were exchanged, compared to its average volume of 724,231. National Express Group has a 12-month low of GBX 337.20 ($4.37) and a 12-month high of GBX 401.80 ($5.20).
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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