NEX Group PLC (NXG) Stock Rating Reaffirmed by Shore Capital

NEX Group PLC (LON:NXG)‘s stock had its “sell” rating restated by Shore Capital in a research report issued on Monday, October 16th.

NXG has been the topic of a number of other reports. Morgan Stanley increased their price target on shares of NEX Group PLC from GBX 563 ($7.43) to GBX 728 ($9.61) and gave the company an “equal weight” rating in a research report on Friday, September 1st. Numis Securities Ltd reiterated a “hold” rating and issued a GBX 550 ($7.26) price target on shares of NEX Group PLC in a research report on Friday, October 6th. Barclays PLC reiterated an “overweight” rating and issued a GBX 735 ($9.70) price target on shares of NEX Group PLC in a research report on Tuesday, October 3rd. Macquarie reiterated a “neutral” rating and issued a GBX 645 ($8.51) price target on shares of NEX Group PLC in a research report on Friday, October 13th. Finally, Liberum Capital reissued a “hold” rating and set a GBX 638 ($8.42) target price on shares of NEX Group PLC in a research note on Wednesday, July 12th. One research analyst has rated the stock with a sell rating, six have issued a hold rating and one has issued a buy rating to the company’s stock. NEX Group PLC has a consensus rating of “Hold” and an average price target of GBX 645.14 ($8.51).

NEX Group PLC (LON:NXG) opened at 626.50 on Monday. NEX Group PLC has a 12 month low of GBX 441.67 and a 12 month high of GBX 690.15. The firm’s 50-day moving average is GBX 648.32 and its 200 day moving average is GBX 644.08. The firm’s market capitalization is GBX 2.33 billion.

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About NEX Group PLC

NEX Group plc is a technology-based service company. The Company is engaged in electronic trading business, offering a diverse portfolio of products and services in the over-the-counter (OTC) markets. The Company’s segments include NEX Markets, which includes EBS BrokerTec and NEX Exchange (formerly the ICAP Securities and Derivatives Exchange (ISDX)); NEX Optimisation, which includes PTRI and Euclid Opportunities, and Group, which includes all residual income from shipping (forward revenue), and central costs not attributable to the business units.

Analyst Recommendations for NEX Group PLC (LON:NXG)

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