Liberum Capital upgraded shares of NEX Group (LON:NXG) to a buy rating in a research report sent to investors on Friday. They currently have GBX 679 ($9.14) price target on the stock.

Other equities research analysts have also issued research reports about the stock. Numis Securities reissued a hold rating and issued a GBX 550 ($7.40) price objective on shares of NEX Group in a research report on Monday, November 20th. Shore Capital reissued a sell rating on shares of NEX Group in a research report on Monday, November 20th. Societe Generale reissued a hold rating and issued a GBX 640 ($8.61) price objective on shares of NEX Group in a research report on Friday, November 17th. Barclays reissued an overweight rating and issued a GBX 700 ($9.42) price objective on shares of NEX Group in a research report on Thursday, November 23rd. Finally, J P Morgan Chase & Co dropped their price objective on shares of NEX Group from GBX 650 ($8.75) to GBX 635 ($8.55) and set a neutral rating for the company in a research report on Tuesday, November 21st. One analyst has rated the stock with a sell rating, seven have issued a hold rating and two have assigned a buy rating to the stock. The company currently has an average rating of Hold and a consensus price target of GBX 644.11 ($8.67).

NEX Group (LON NXG) opened at GBX 573 ($7.71) on Friday. NEX Group has a 1 year low of GBX 5.63 ($0.08) and a 1 year high of GBX 690 ($9.29).

The company also recently announced a dividend, which will be paid on Friday, February 2nd. Stockholders of record on Thursday, December 21st will be paid a GBX 3.50 ($0.05) dividend. The ex-dividend date of this dividend is Thursday, December 21st. This represents a dividend yield of 0.62%.

In other news, insider Robert Standing bought 10,000 shares of the firm’s stock in a transaction dated Tuesday, November 21st. The stock was acquired at an average cost of GBX 584 ($7.86) per share, for a total transaction of £58,400 ($78,600.27).

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NEX Group 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 (LON:NXG)

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