WL Ross Holding Corp (NXEO) Research Coverage Started at Credit Suisse Group AG
Equities research analysts at Credit Suisse Group AG initiated coverage on shares of WL Ross Holding Corp (NASDAQ:NXEO) in a report issued on Monday. The brokerage set a “neutral” rating on the stock.
NXEO has been the subject of several other research reports. Deutsche Bank AG started coverage on WL Ross Holding Corp in a report on Monday, August 15th. They issued a “buy” rating and a $11.00 price target for the company. Jefferies Group started coverage on WL Ross Holding Corp in a report on Friday, September 9th. They issued a “hold” rating and a $10.00 price target for the company. Finally, Bank of America Corp. started coverage on WL Ross Holding Corp in a report on Monday, June 27th. They issued a “buy” rating for the company.
Shares of WL Ross Holding Corp (NASDAQ:NXEO) opened at 7.93 on Monday. The firm has a 50 day moving average price of $8.46 and a 200 day moving average price of $9.25. WL Ross Holding Corp has a one year low of $7.43 and a one year high of $10.39. The stock’s market capitalization is $708.04 million.
This story is the sole property of American Banking News and it was originally published by American Banking News. If you are reading this story on another website, that means this article was illegally copied and re-published to this website in violation of U.S. and International copyright law. The original version of this article is available at https://www.americanbankingnews.com/2016/10/17/wl-ross-holding-corp-nxeo-research-coverage-started-at-credit-suisse-group-ag.html
In other news, insider David A. Bradley acquired 55,000 shares of the company’s stock in a transaction dated Friday, August 12th. The stock was acquired at an average cost of $8.81 per share, with a total value of $484,550.00. Following the completion of the purchase, the insider now owns 55,000 shares of the company’s stock, valued at approximately $484,550. The acquisition was disclosed in a legal filing with the SEC, which is accessible through the SEC website. Also, Director Thomas E. Zacharias acquired 4,000 shares of the company’s stock in a transaction dated Monday, August 15th. The stock was purchased at an average cost of $8.96 per share, with a total value of $35,840.00. The disclosure for this purchase can be found here.
Receive News & Ratings for WL Ross Holding Corp Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for WL Ross Holding Corp and related companies with MarketBeat.com's FREE daily email newsletter.