NEX Group PLC (LON:NXG) has received an average rating of “Hold” from the eight brokerages that are covering the company, MarketBeat.com reports. One equities research analyst has rated the stock with a sell rating, six have given a hold rating and one has given a buy rating to the company. The average 1-year price objective among analysts that have issued a report on the stock in the last year is GBX 652.67 ($8.61).

A number of analysts have weighed in on the company. Morgan Stanley increased their target price on NEX Group PLC from GBX 563 ($7.43) to GBX 728 ($9.61) and gave the stock an “equal weight” rating in a research note on Friday, September 1st. Shore Capital reissued a “sell” rating on shares of NEX Group PLC in a research report on Monday, October 2nd. Macquarie reissued a “neutral” rating and set a GBX 645 ($8.51) price target on shares of NEX Group PLC in a research report on Friday, October 13th. BNP Paribas reissued a “neutral” rating and set a GBX 620 ($8.18) price target on shares of NEX Group PLC in a research report on Tuesday, July 18th. Finally, Numis Securities Ltd reissued a “hold” rating and set a GBX 550 ($7.26) price target on shares of NEX Group PLC in a research report on Friday, October 6th.

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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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