Equities research analysts at J P Morgan Chase & Co assumed coverage on shares of NEX Group PLC (LON:NXG) in a research report issued to clients and investors on Tuesday. The brokerage set a “neutral” rating and a GBX 650 ($8.55) price target on the stock. J P Morgan Chase & Co’s target price would suggest a potential upside of 10.17% from the company’s current price.

Several other brokerages have also recently weighed in on NXG. Liberum Capital dropped their price target on shares of 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. Macquarie reaffirmed a “neutral” rating and issued a GBX 645 ($8.48) price target on shares of NEX Group PLC in a research report on Friday, October 13th. Shore Capital reaffirmed a “sell” rating on shares of NEX Group PLC in a research report on Monday, October 2nd. Numis Securities Ltd reaffirmed a “hold” rating and issued a GBX 550 ($7.23) price target on shares of NEX Group PLC in a research report on Friday, October 6th. Finally, BNP Paribas reaffirmed a “neutral” rating and issued a GBX 620 ($8.15) price target on shares of NEX Group PLC in a research report on Tuesday, July 18th. One research analyst has rated the stock with a sell rating, seven have assigned a hold rating and one has given a buy rating to the stock. NEX Group PLC presently has a consensus rating of “Hold” and a consensus price target of GBX 644.63 ($8.48).

NEX Group PLC (NXG) opened at GBX 590 ($7.76) on Tuesday. NEX Group PLC has a 1 year low of GBX 445.10 ($5.85) and a 1 year 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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