By Alexander Bueso
Date: Tuesday 02 Aug 2022
LONDON (ShareCast) - (Sharecast News) - Analysts at Liberum lowered their target price on shares of National Express in anticipation of a more gradual earnings recovery through to 2023.
In particular, they believed that some caution was required due to the competitive pressures in the group's long-distance coach segment
However, they remained "confident" that public transport activity would rebound fully as the pandemic eased.
They also thought the company was well-positioned to benefit from long-term industry growth on the back of decarbonisation.
All told, they lowered their target price from 340.0p to 310.0p, but kept their recommendation at 'buy'.
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Currency | UK Pounds |
Share Price | 52.85p |
Change Today | -3.15p |
% Change | -5.63 % |
52 Week High | 121.80 |
52 Week Low | 52.80 |
Volume | 4,328,068 |
Shares Issued | 614.09m |
Market Cap | £324.54m |
Value |
---|
Price Trend |
---|
Income |
---|
Growth |
---|
Latest | Previous | |
---|---|---|
Interim | Final | |
Ex-Div | 03-Aug-23 | 13-Apr-23 |
Paid | 01-Sep-23 | 15-May-23 |
Amount | 1.70p | 5.00p |
Time | Volume / Share Price |
16:45 | 9,716 @ 53.90p |
16:35 | 796,652 @ 52.85p |
16:35 | 5,821 @ 52.85p |
16:35 | 1,189 @ 52.85p |
16:35 | 9,112 @ 52.85p |
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