NYSE Euronext Stock Rating Reaffirmed by Zacks (NYX)
NYSE Euronext (NYSE:NYX)‘s stock had its “neutral” rating reiterated by Zacks in a research note issued on Thursday, Analyst Ratings Network reports. They currently have a $44.00 price objective on the stock. Zacks‘ price target would suggest a potential upside of 5.29% from the company’s current price.
NYSE Euronext (NYSE:NYX) traded up 0.55% on Thursday, hitting $41.79. 978,349 shares of the company’s stock traded hands. NYSE Euronext has a 52 week low of $22.25 and a 52 week high of $43.25. The stock has a 50-day moving average of $42.1 and a 200-day moving average of $40.50. The company has a market cap of $10.155 billion and a P/E ratio of 23.44.
NYSE Euronext (NYSE:NYX) last posted its quarterly earnings results on Tuesday, July 30th. The company reported $0.63 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.58 by $0.05. The company had revenue of $611.00 million for the quarter, compared to the consensus estimate of $601.48 million. During the same quarter in the prior year, the company posted $0.51 earnings per share. The company’s quarterly revenue was up 1.5% on a year-over-year basis.
A number of other firms have also recently commented on NYX. Analysts at Keefe, Bruyette & Woods upgraded shares of NYSE Euronext (NYSE:NYX) from a “market perform” rating to an “outperform” rating in a research note to investors on Tuesday, July 16th. Separately, analysts at Macquarie reiterated a “neutral” rating on shares of NYSE Euronext (NYSE:NYX) in a research note to investors on Thursday, July 11th. They now have a $40.00 price target on the stock. Finally, analysts at Jefferies Group set a $42.00 price target on shares of NYSE Euronext (NYSE:NYX) in a research note to investors on Wednesday, July 3rd. Three equities research analysts have rated the stock with a sell rating, nine have issued a hold rating and three have assigned a buy rating to the company’s stock. NYSE Euronext currently has a consensus rating of “Hold” and an average target price of $37.46.
NYSE Euronext is a global operator of financial markets and provider of trading solutions. It offers a range of products and services in cash equities, futures, options, swaps, exchange-traded products, bonds, clearing operations, market data, and commercial technology solutions, all designed to meet the needs of investors, issuers, financial institutions and market participants.
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