HSBC Reiterates “Buy” Rating for National Express Group (LON:NEX)

National Express Group (LON:NEX)‘s stock had its “buy” rating reiterated by HSBC in a research report issued to clients and investors on Thursday, Stock Target Advisor reports.

Separately, Royal Bank of Canada reaffirmed a “top pick” rating and set a GBX 500 ($6.53) price target on shares of National Express Group in a report on Friday, August 9th. One analyst has rated the stock with a hold rating, four have issued a buy rating and one has given a strong buy rating to the company’s stock. The stock presently has a consensus rating of “Buy” and an average price target of GBX 467 ($6.10).

NEX stock opened at GBX 453.20 ($5.92) on Thursday. The company has a quick ratio of 0.41, a current ratio of 0.46 and a debt-to-equity ratio of 132.85. National Express Group has a 12 month low of GBX 356 ($4.65) and a 12 month high of GBX 476 ($6.22). The firm has a market cap of $2.32 billion and a P/E ratio of 16.48. The company’s 50-day moving average price is GBX 452.72 and its two-hundred day moving average price is GBX 423.57.

In other National Express Group news, insider John Armitt purchased 4,500 shares of the firm’s stock in a transaction dated Thursday, November 28th. The shares were bought at an average price of GBX 465 ($6.08) per share, for a total transaction of £20,925 ($27,342.22).

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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