Liberum Capital reiterated their under review rating on shares of NEX Group PLC (LON:NXG) in a research report report published on Monday morning. Liberum Capital currently has a GBX 638 ($8.24) price target on the stock.
Several other brokerages have also recently commented on NXG. BNP Paribas reissued an outperform rating and set a GBX 610 ($7.87) price target on shares of NEX Group PLC in a research report on Tuesday, January 31st. Shore Capital reissued a sell rating on shares of NEX Group PLC in a research report on Monday. Numis Securities Ltd reissued a hold rating and set a GBX 500 ($6.45) price target on shares of NEX Group PLC in a research report on Wednesday, February 15th. Barclays PLC reissued an overweight rating and set a GBX 615 ($7.94) price target on shares of NEX Group PLC in a research report on Friday, February 17th. Finally, Citigroup Inc reissued a neutral rating on shares of NEX Group PLC in a research report on Tuesday, May 9th. One equities research analyst has rated the stock with a sell rating, three have assigned a hold rating and two have issued a buy rating to the company. The stock has an average rating of Hold and a consensus target price of GBX 594.60 ($7.68).
NEX Group PLC (LON:NXG) opened at 620.50 on Monday. The company’s market capitalization is GBX 2.30 billion. The firm’s 50-day moving average price is GBX 594.13 and its 200 day moving average price is GBX 540.15. NEX Group PLC has a 12-month low of GBX 361.50 and a 12-month high of GBX 636.99.
The firm also recently declared a dividend, which will be paid on Friday, July 21st. Shareholders of record on Thursday, June 29th will be given a dividend of GBX 27 ($0.35) per share. The ex-dividend date is Thursday, June 29th. This represents a yield of 4.47%.
In other NEX Group PLC news, insider Ivan Ritossa purchased 167,500 shares of the business’s stock in a transaction on Wednesday, March 1st. The shares were purchased at an average cost of GBX 597 ($7.71) per share, with a total value of £999,975 ($1,290,789.98). Also, insider Stuart J. Bridges purchased 30,000 shares of the business’s stock in a transaction on Monday, February 20th. The shares were acquired at an average cost of GBX 548 ($7.07) per share, for a total transaction of £164,400 ($212,211.18).
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.
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