NEX Group PLC (LON:NXG)‘s stock had its “sell” rating reiterated by equities researchers at Shore Capital in a note issued to investors on Monday.

A number of other equities research analysts have also recently commented on NXG. Morgan Stanley increased their target price on NEX Group PLC from GBX 563 ($7.40) to GBX 728 ($9.58) and gave the stock an “equal weight” rating in a research note on Friday, September 1st. Barclays PLC reaffirmed an “overweight” rating and set a GBX 735 ($9.67) price objective on shares of NEX Group PLC in a research report on Tuesday, October 3rd. Numis Securities Ltd reaffirmed a “hold” rating and set a GBX 550 ($7.23) price objective on shares of NEX Group PLC in a research report on Friday, October 6th. Macquarie reaffirmed a “neutral” rating and set a GBX 645 ($8.48) price objective on shares of NEX Group PLC in a research report on Friday, October 13th. Finally, Liberum Capital dropped their price objective on NEX Group PLC from GBX 638 ($8.39) to GBX 629 ($8.27) and set a “hold” rating on the stock in a research report on Friday, November 3rd. One research analyst has rated the stock with a sell rating, eight have assigned a hold rating and one has issued a buy rating to the stock. NEX Group PLC presently has an average rating of “Hold” and an average target price of GBX 644.11 ($8.47).

Shares of NEX Group PLC (LON:NXG) opened at GBX 570 ($7.50) on Monday. NEX Group PLC has a 12 month low of GBX 445.10 ($5.85) and a 12 month high of GBX 690 ($9.08).

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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)

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