Research analysts at J P Morgan Chase & Co began coverage on shares of NEX Group (LON:NXG) in a research report issued on Tuesday, November 14th. The brokerage set a “neutral” rating and a GBX 650 ($8.70) price target on the stock. J P Morgan Chase & Co’s price target would indicate a potential upside of 9.61% from the company’s previous close.
Several other brokerages also recently weighed in on NXG. BNP Paribas reissued a “neutral” rating and issued a GBX 620 ($8.30) target price on shares of NEX Group in a research note on Tuesday, July 18th. Morgan Stanley upped their price target on NEX Group from GBX 563 ($7.54) to GBX 728 ($9.75) and gave the stock an “equal weight” rating in a report on Friday, September 1st. Shore Capital reaffirmed a “sell” rating on shares of NEX Group in a research report on Monday, October 2nd. Barclays reissued an “overweight” rating and set a GBX 735 ($9.84) price target on shares of NEX Group in a research report on Tuesday, October 3rd. Finally, Numis Securities reissued a “hold” rating and set a GBX 550 ($7.37) price target on shares of NEX Group in a research report on Friday, October 6th. One equities research analyst has rated the stock with a sell rating, seven have assigned a hold rating and two have given a buy rating to the stock. The stock has an average rating of “Hold” and a consensus target price of GBX 644.11 ($8.63).
Shares of NEX Group (LON:NXG) traded down GBX 0.48 ($0.01) on Tuesday, hitting GBX 593.02 ($7.94). 1,260,000 shares of the stock were exchanged, compared to its average volume of 1,000,000. NEX Group has a twelve month low of GBX 5.63 ($0.08) and a twelve month high of GBX 690 ($9.24).
ILLEGAL ACTIVITY WARNING: This piece of content was reported by BBNS and is the property of of BBNS. If you are accessing this piece of content on another site, it was illegally stolen and republished in violation of US and international copyright & trademark legislation. The legal version of this piece of content can be viewed at https://baseballnewssource.com/markets/nex-group-plc-nxg-coverage-initiated-at-j-p-morgan-chase-co/1782910.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.
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 our FREE daily email newsletter.