Rail franchise payments slump as revenues slow across the industry
30th Jan 2019 13:20
(Sharecast News) - Train operators paid the government £400m in 2017/18, a £300m slide on the previous year's payment.
Read moreMonday broker round-up
28th Jan 2019 13:28
(Sharecast News) - National Express Group: Liberum upgrades to buy with a target price of 470p.
Read moreLiberum ups National Express to 'buy', highlights diversified exposure
28th Jan 2019 07:46
(Sharecast News) - Liberum upgraded National Express to 'buy' from 'hold' on Monday, lifting the price target to 470p from 410p as it said the company's consistent execution of a controlled risk strategy, which is delivering steady compounding growth, is not fully reflected in the rating.
Read moreFriday broker round-up
19th Oct 2018 13:10
(Sharecast News) - IP Group: Berenberg reiterates buy with a target price of 160p.
Read moreThursday broker round-up
18th Oct 2018 11:54
(Sharecast News) - Mediclinic: Barclays downgrades to equal weight with a target price of 460p.
Read moreNational Express reports solid summer across the group
18th Oct 2018 08:39
(Sharecast News) - National Express Group updated the market on its trading for the period from 1 July to 30 September on Thursday, reporting a "good summer's trading", describing performance in UK coach as "outstanding", and in the Spanish division as "particularly strong".
Read moreNorth America fuels record half-year profit at National Express
26th Jul 2018 11:16
(Sharecast News) - National Express reported record half-year profit led by strong revenue growth at the bus and rail operator's North American business.
Read moreNational Express hands c2c keys to Trenitalia
13th Feb 2017 07:14
(ShareCast News) - Passenger transport operator National Express announced on Monday that the transaction with Trenitalia over the c2c rail franchise had completed on 11 February, with the Italian state rail operator assuming all responsibility for the franchise's operations immediately. The FTSE 25
Read moreNational Express appoints new finance director and North America CEO
20th Jan 2017 07:31
(ShareCast News) - National Express has appointed Chris Davies as group finance director, succeeding Matthew Ashley, who has been appointed chief executive of the transport company's North American division, its largest business. Davies will join National Express in early May and will initially work
Read moreThursday broker round-up
12th Jan 2017 13:49
(ShareCast News) - Hays: Deutsche Bank upgrades to Hold with a target price of 160p. Pagegroup: Jefferies reiterates Hold with a target price of 395p. Taylor Wimpey: Deutsche Bank reiterates Buy with a target price of 244p. Sainsbury: HSBC maintains Reduce with a target price of 205p. Tullow Oil:
Read moreNational Express sells Essex rail franchise to Italian state operator
11th Jan 2017 07:17
(ShareCast News) - One of the UK's most successful passenger rail franchises was set to change hands on Wednesday, as National Express Group announced it had reached an in principle agreement for Trenitalia - the passenger rail transportation company part of the state-owned FS Italiane Group - to ac
Read moreStrike action and TfL switcheroo unlikely to hit UK train ratings, Fitch says
13th Dec 2016 15:23
(ShareCast News) - With UK train companies' debt coming under the investor microscope, ratings agency Fitch Ratings said the current uncertainty in the rail market and various industrial strikes were unlikely to have an effect on their credit ratings. Incumbent rail operators rated by Fitch include,
Read moreUnseen debts may derail UK bus and rail bidding plans
24th Nov 2016 13:13
(ShareCast News) - Some big changes may be coming to the way companies bid for big UK rail and bus franchises, HSBC has predicted. The bank, which downgraded Firstgroup to a 'reduce' rating but kept a 'buy' on both Go-Ahead Group and National Express, has taken a deep dive into the bus and rail oper
Read moreThursday broker round-up
27th Oct 2016 12:29
(ShareCast News) - Debenhams: JP Morgan keeps at underweight with a target price of 54p. AA: Berenberg stays at buy, 315p target. National Express: RBC reiterates outperform with a 405p target. LLoyds: UBS reiterates buy with a 67p target. GlaxoSmithKline: Credit Suisse reiterates neutral with a
Read moreNational Express posts strong numbers, drops Nuremberg contract
25th Oct 2016 07:38
(ShareCast News) - Passenger transport operator National Express Group posted a trading update for the three months to 30 September on Monday, with the board reporting "strong progress" as both revenue and profit grew year-on-year in constant currencies. The FTSE 250 company said operating profit wa
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