Euronext (ENX) Given a €58.00 Price Target by Morgan Stanley Analysts
Euronext (EPA:ENX) has been assigned a €58.00 ($67.44) price target by analysts at Morgan Stanley in a note issued to investors on Thursday, Borsen Zeitung reports. The firm presently has a “buy” rating on the stock. Morgan Stanley’s target price would indicate a potential downside of 8.45% from the stock’s previous close.
Other analysts also recently issued reports about the stock. JPMorgan Chase & Co. set a €65.00 ($75.58) price objective on shares of Euronext and gave the stock a “buy” rating in a report on Tuesday, April 16th. Deutsche Bank set a €67.00 ($77.91) price target on shares of Euronext and gave the company a “buy” rating in a report on Tuesday, April 16th. Finally, UBS Group set a €49.00 ($56.98) price target on shares of Euronext and gave the company a “sell” rating in a report on Monday. One research analyst has rated the stock with a sell rating, two have given a hold rating and four have given a buy rating to the company. The company presently has a consensus rating of “Hold” and an average price target of €59.29 ($68.94).
EPA ENX opened at €63.35 ($73.66) on Thursday. Euronext has a 1 year low of €39.37 ($45.78) and a 1 year high of €61.35 ($71.34).
Euronext N.V., together with its subsidiaries, operates securities and derivatives exchanges in Continental Europe and Ireland. The company offers a range of exchange and corporate services, including security listings, cash and derivatives trading, and market data dissemination. It also provides listing venues and cash equities trading venues; and various marketplaces, including multilateral trading facilities for investors, broker-dealers, and other market participants to meet directly to buy and sell cash equities, fixed income securities, and exchange traded products.
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