NEX Group (LON:NXG) was upgraded by research analysts at Liberum Capital to a “buy” rating in a research report issued to clients and investors on Friday. The brokerage currently has a GBX 679 ($9.14) price objective on the stock. Liberum Capital’s price target would indicate a potential upside of 17.47% from the company’s current price.

Other equities research analysts also recently issued research reports about the stock. Numis Securities restated a “hold” rating and issued a GBX 550 ($7.40) price objective on shares of NEX Group in a research note on Monday, November 20th. Shore Capital restated a “sell” rating on shares of NEX Group in a research note on Monday, November 20th. Societe Generale restated a “hold” rating and issued a GBX 640 ($8.61) price objective on shares of NEX Group in a research note on Friday, November 17th. Barclays reiterated an “overweight” rating and set a GBX 700 ($9.42) price target on shares of NEX Group in a research note on Thursday, November 23rd. Finally, J P Morgan Chase & Co decreased their price target on shares of NEX Group from GBX 650 ($8.75) to GBX 635 ($8.55) and set a “neutral” rating on the stock in a research note on Tuesday, November 21st. One investment analyst has rated the stock with a sell rating, seven have issued a hold rating and two have assigned a buy rating to the company. The company currently has an average rating of “Hold” and a consensus price target of GBX 644.11 ($8.67).

Shares of NEX Group (LON:NXG) traded down GBX 2.05 ($0.03) during trading on Friday, hitting GBX 578 ($7.78). 965,074 shares of the stock traded hands, compared to its average volume of 1,040,000. NEX Group has a twelve month low of GBX 5.63 ($0.08) and a twelve month high of GBX 690 ($9.29).

In other NEX Group news, insider Robert Standing purchased 10,000 shares of the firm’s stock in a transaction on Tuesday, November 21st. The shares were purchased at an average price of GBX 584 ($7.86) per share, for a total transaction of £58,400 ($78,600.27).

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About NEX Group

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 (LON:NXG)

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