Shore Capital reissued their sell rating on shares of NEX Group PLC (LON:NXG) in a research report released on Monday morning.

Several other analysts also recently issued reports on the company. Societe Generale restated a hold rating and issued a GBX 640 ($8.42) price objective on shares of NEX Group PLC in a research report on Friday, November 17th. J P Morgan Chase & Co assumed coverage on NEX Group PLC in a research report on Tuesday, November 14th. They issued a neutral rating and a GBX 650 ($8.55) price objective on the stock. Liberum Capital reduced their price objective on NEX Group PLC from GBX 638 ($8.39) to GBX 629 ($8.27) and set a hold rating on the stock in a research report on Friday, November 3rd. Macquarie restated a neutral rating and issued a GBX 645 ($8.48) price objective on shares of NEX Group PLC in a research report on Friday, October 13th. Finally, Numis Securities Ltd restated a hold rating and issued a GBX 550 ($7.23) price objective on shares of NEX Group PLC in a research report on Friday, October 6th. One research analyst has rated the stock with a sell rating, seven have given 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 target price of GBX 644.11 ($8.47).

Shares of NEX Group PLC (LON:NXG) opened at GBX 576 ($7.58) on Monday. NEX Group PLC has a 12-month low of GBX 445.10 ($5.85) and a 12-month high of GBX 690 ($9.08).

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In other NEX Group PLC news, insider Robert Standing bought 10,000 shares of NEX Group PLC stock in a transaction that occurred on Tuesday, November 21st. The shares were purchased at an average cost of GBX 584 ($7.68) per share, for a total transaction of £58,400 ($76,811.78).

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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