NEX Group (NXG) Receives Sell Rating from Shore Capital

Shore Capital reiterated their sell rating on shares of NEX Group (LON:NXG) in a research report report published on Friday, March 16th.

A number of other analysts have also recently weighed in on NXG. Societe Generale reissued a hold rating and set a GBX 640 ($8.98) target price on shares of NEX Group in a report on Friday, November 17th. Numis Securities increased their price objective on shares of NEX Group from GBX 550 ($7.72) to GBX 570 ($8.00) and gave the stock a hold rating in a report on Thursday, February 1st. Liberum Capital reaffirmed a buy rating and issued a GBX 679 ($9.53) price objective on shares of NEX Group in a report on Thursday, February 1st. JPMorgan Chase dropped their price objective on shares of NEX Group from GBX 650 ($9.12) to GBX 635 ($8.91) and set a neutral rating on the stock in a report on Tuesday, November 21st. Finally, Barclays reaffirmed an overweight rating and issued a GBX 730 ($10.25) price objective on shares of NEX Group in a report on Friday, February 2nd. One analyst has rated the stock with a sell rating, five have issued a hold rating and four have issued a buy rating to the company’s stock. NEX Group currently has a consensus rating of Hold and an average price target of GBX 682.38 ($9.58).

How to Become a New Pot Stock Millionaire

NXG traded down GBX 11 ($0.15) during trading on Friday, hitting GBX 993 ($13.94). The company had a trading volume of 1,591,445 shares, compared to its average volume of 1,370,000. NEX Group has a 1-year low of GBX 5.63 ($0.08) and a 1-year high of GBX 690.25 ($9.69).

ILLEGAL ACTIVITY WARNING: This piece of content was originally published by Dispatch Tribunal and is owned by of Dispatch Tribunal. If you are viewing this piece of content on another publication, it was copied illegally and reposted in violation of US and international trademark & copyright legislation. The legal version of this piece of content can be viewed at https://www.dispatchtribunal.com/2018/04/07/shore-capital-reiterates-sell-rating-for-nex-group-nxg.html.

NEX Group Company Profile

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 (LON:NXG)

Receive News & Ratings for NEX Group Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for NEX Group and related companies with MarketBeat.com's FREE daily email newsletter.

Leave a Reply