Stock analysts at Credit Suisse Group AG assumed coverage on shares of WL Ross Holding Corp (NASDAQ:NXEO) in a research note issued to investors on Monday. The firm set a “neutral” rating on the stock.

Several other equities analysts also recently weighed in on the company. Bank of America Corp. initiated coverage on WL Ross Holding Corp in a research report on Monday, June 27th. They set a “buy” rating on the stock. Jefferies Group initiated coverage on WL Ross Holding Corp in a research report on Friday, September 9th. They set a “hold” rating and a $10.00 target price on the stock. Finally, Deutsche Bank AG initiated coverage on WL Ross Holding Corp in a research report on Monday, August 15th. They set a “buy” rating and a $11.00 target price on the stock.

WL Ross Holding Corp (NASDAQ:NXEO) opened at 7.93 on Monday. The company’s market cap is $708.04 million. The firm has a 50-day moving average price of $8.46 and a 200-day moving average price of $9.25. WL Ross Holding Corp has a 12-month low of $7.43 and a 12-month high of $10.39.

In other news, insider David A. Bradley bought 55,000 shares of the stock in a transaction on Friday, August 12th. The stock was acquired at an average cost of $8.81 per share, for a total transaction of $484,550.00. Following the acquisition, the insider now owns 55,000 shares of the company’s stock, valued at $484,550. The acquisition was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Also, Director Thomas E. Zacharias bought 4,000 shares of the stock in a transaction on Monday, August 15th. The stock was purchased at an average price of $8.96 per share, with a total value of $35,840.00. The disclosure for this purchase can be found here.

5 Day Chart for NASDAQ:NXEO

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