NEX Group (LON:NXG)‘s stock had its “sell” rating reissued by investment analysts at Shore Capital in a note issued to investors on Thursday.
A number of other research analysts also recently weighed in on NXG. Societe Generale restated a “hold” rating and issued a GBX 640 ($8.99) price target on shares of NEX Group in a research note on Friday, November 17th. Liberum Capital decreased their price target on NEX Group from GBX 638 ($8.96) to GBX 629 ($8.83) and set a “hold” rating for the company in a research note on Friday, November 3rd. Numis Securities restated a “hold” rating and issued a GBX 550 ($7.72) price target on shares of NEX Group in a research note on Friday, October 6th. JPMorgan Chase & Co. decreased their price target on NEX Group from GBX 650 ($9.13) to GBX 635 ($8.92) and set a “neutral” rating for the company in a research note on Tuesday, November 21st. Finally, Macquarie restated a “neutral” rating and issued a GBX 645 ($9.06) price target on shares of NEX Group in a research note on Friday, October 13th. One equities research analyst has rated the stock with a sell rating, six have assigned a hold rating and three have issued a buy rating to the company. The company has a consensus rating of “Hold” and a consensus target price of GBX 647.44 ($9.09).
NEX Group (LON NXG) opened at GBX 643.50 ($9.04) on Thursday. The firm has a market capitalization of $2,270.00 and a P/E ratio of 1,398.91. NEX Group has a one year low of GBX 5.63 ($0.08) and a one year high of GBX 690 ($9.69).
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.
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