Barclays Upgrades Euronext (OTCMKTS:ERNXY) to “Strong-Buy”

Euronext (OTCMKTS:ERNXY) was upgraded by analysts at Barclays from a “hold” rating to a “strong-buy” rating in a research note issued on Friday, Zacks reports.

Separately, Zacks Research upgraded shares of Euronext from a “hold” rating to a “strong-buy” rating in a research note on Friday, October 2nd. Two investment analysts have rated the stock with a Strong Buy rating. According to data from MarketBeat.com, Euronext presently has a consensus rating of “Strong Buy”.

Euronext Stock Performance

Shares of ERNXY stock traded down $0.63 during trading on Friday, reaching $37.47. The company’s stock had a trading volume of 1,930 shares, compared to its average volume of 7,782. The business has a fifty day moving average price of $37.55 and a 200-day moving average price of $34.62. Euronext has a one year low of $26.55 and a one year high of $44.00.

Euronext Company Profile

Euronext N.V. operates a pan-European exchange and financial market infrastructure business. It provides markets for companies and investors to list, trade and manage a range of financial instruments, including equities, bonds, derivatives and exchange-traded products. Its services also include clearing, settlement, custody, market data and technology solutions. The company was formed in 2000 through the combination of the Amsterdam, Brussels and Paris stock exchanges. It has since expanded its network to include markets in several European countries, including Ireland, Italy, Norway and Portugal, serving issuers, investors and financial institutions across the region.