Numis Securities Ltd Reiterates “Hold” Rating for NEX Group PLC (NXG)

NEX Group PLC (LON:NXG)‘s stock had its “hold” rating restated by research analysts at Numis Securities Ltd in a report released on Monday. They currently have a GBX 550 ($7.23) price objective on the stock. Numis Securities Ltd’s target price indicates a potential downside of 6.82% from the stock’s current price.

Other research analysts have also issued research reports about the stock. Shore Capital restated a “sell” rating on shares of NEX Group PLC in a report on Monday. Liberum Capital restated a “hold” rating and issued a GBX 629 ($8.27) price target on shares of NEX Group PLC in a report on Monday. Societe Generale restated a “hold” rating and issued a GBX 640 ($8.42) price target on shares of NEX Group PLC in a report on Friday. Barclays PLC restated an “overweight” rating and issued a GBX 735 ($9.67) price target on shares of NEX Group PLC in a report on Tuesday, October 3rd. Finally, Macquarie restated a “neutral” rating and issued a GBX 645 ($8.48) price target on shares of NEX Group PLC in a report on Friday, October 13th. One research analyst has rated the stock with a sell rating, eight have issued a hold rating and one has issued a buy rating to the company’s stock. The company has an average rating of “Hold” and a consensus price target of GBX 644.11 ($8.47).

NEX Group PLC (LON NXG) traded down GBX 6.77 ($0.09) during midday trading on Monday, reaching GBX 590.23 ($7.76). 1,483,841 shares of the company traded hands, compared to its average volume of 862,284. NEX Group PLC has a 52-week low of GBX 445.10 ($5.85) and a 52-week high of GBX 690 ($9.08).

ILLEGAL ACTIVITY NOTICE: “Numis Securities Ltd Reiterates “Hold” Rating for NEX Group PLC (NXG)” was originally posted by Sports Perspectives and is the sole property of of Sports Perspectives. If you are viewing this piece of content on another website, it was stolen and republished in violation of U.S. and international trademark and copyright law. The original version of this piece of content can be viewed at https://sportsperspectives.com/2017/11/20/numis-securities-ltd-reiterates-hold-rating-for-nex-group-plc-nxg.html.

NEX Group PLC 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 PLC (LON:NXG)

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

Latest News

Leave a Reply