Analysts Set NEX Group PLC (NXG) Price Target at $708.00
NEX Group PLC (LON:NXG) has been assigned an average rating of “Hold” from the eight analysts that are currently covering the firm, MarketBeat reports. One equities research analyst has rated the stock with a sell recommendation, three have given a hold recommendation and four have given a buy recommendation to the company. The average 12 month price objective among analysts that have covered the stock in the last year is GBX 708 ($9.25).
Separately, Morgan Stanley lifted their price objective on NEX Group from GBX 680 ($8.89) to GBX 705 ($9.21) and gave the stock an “equal weight” rating in a research report on Friday, September 14th.
Shares of NXG stock remained flat at $GBX 1,129 ($14.75) during trading hours on Friday. NEX Group has a one year low of GBX 5.63 ($0.07) and a one year high of GBX 690.25 ($9.02).
NEX Group plc delivers pricing, analytics, index, and regulatory reporting solutions to various clients worldwide. The company operates through NEX Markets, NEX Optimisation, and NEX Group and other segments. Its pricing and analytics services provide various products in foreign exchange (FX), such as EBS Ticker and EBS Rates real-time feeds, EBS non-deliverable forwards, and Premium FX Feed, a proprietary direct feed of live and streaming prices derived from a selected range of sources, as well as FX Currency Options TFS-ICAP; BrokerTec European Repo and RepoPX data services in money markets; fixed income data services through various electronic platforms; and CFETS-NEX, which offers real-time, end-of-day, and historical market data from onshore China interdealer brokers.
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