Shore Capital reiterated their sell rating on shares of NEX Group PLC (LON:NXG) in a report published on Monday.

A number of other equities research analysts have also recently issued reports on the company. Morgan Stanley boosted their price objective on NEX Group PLC from GBX 563 ($7.47) to GBX 728 ($9.66) and gave the company an equal weight rating in a research note on Friday, September 1st. Barclays PLC restated an overweight rating and issued a GBX 745 ($9.88) price objective on shares of NEX Group PLC in a research note on Thursday, July 13th. BNP Paribas restated a neutral rating and issued a GBX 620 ($8.22) price objective on shares of NEX Group PLC in a research note on Tuesday, July 18th. Liberum Capital restated a hold rating and issued a GBX 638 ($8.46) price objective on shares of NEX Group PLC in a research note on Wednesday, July 12th. Finally, Numis Securities Ltd restated a hold rating and issued a GBX 550 ($7.30) price objective on shares of NEX Group PLC in a research note on Wednesday, July 12th. One equities research analyst has rated the stock with a sell rating, six have issued a hold rating and one has assigned a buy rating to the company’s stock. NEX Group PLC presently has an average rating of Hold and an average price target of GBX 645.17 ($8.56).

NEX Group PLC (LON:NXG) opened at 653.00 on Monday. NEX Group PLC has a 1-year low of GBX 445.10 and a 1-year high of GBX 690.00. The company has a 50 day moving average of GBX 657.92 and a 200 day moving average of GBX 636.94. The firm’s market capitalization is GBX 2.43 billion.

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About NEX Group PLC

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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