NEX Group PLC (LON:NXG) had its target price lowered by Liberum Capital from GBX 638 ($8.39) to GBX 629 ($8.27) in a report released on Friday morning. Liberum Capital currently has a hold rating on the stock.

A number of other equities analysts also recently issued reports on NXG. Shore Capital reiterated a sell rating on shares of NEX Group PLC in a research note on Wednesday, July 12th. Numis Securities Ltd reissued a hold rating and set a GBX 550 ($7.23) target price on shares of NEX Group PLC in a research report on Wednesday, July 12th. Barclays PLC reissued an overweight rating and set a GBX 745 ($9.80) target price on shares of NEX Group PLC in a research report on Thursday, July 13th. BNP Paribas reissued a neutral rating and set a GBX 620 ($8.15) target price on shares of NEX Group PLC in a research report on Tuesday, July 18th. Finally, Morgan Stanley increased their target price on shares of NEX Group PLC from GBX 563 ($7.40) to GBX 728 ($9.58) and gave the company an equal weight rating in a research report on Friday, September 1st. One equities research analyst has rated the stock with a sell rating, six have assigned a hold rating and one has issued a buy rating to the company. NEX Group PLC presently has a consensus rating of Hold and a consensus target price of GBX 643.86 ($8.47).

NEX Group PLC (LON:NXG) opened at GBX 616.50 ($8.11) on Friday.

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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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