National Express (#NEX) Stock Analysis - June-2023

NEX - Market Cap £687m - Share Price 111p

I had a look at National Express after spotting the decent Director Dealings on 2-Jun-2023.

Looked interesting with a yield almost equal to the PER, so I did a “sheet”…

Comfortable enough with “My Tgt” I bought some shares on Friday and at the time of publication I continue to hold this stock.

The Debt does concern me here but I did take some confidence from the re-introduction of the rather generous dividend. As I note in my “sheet”, I do hope management are not mad!

No investment advice intended, for information only, Do Your Own Research.