Euronext (OTCMKTS:EUXTF)‘s stock had its “equal weight” rating reissued by investment analysts at Morgan Stanley in a report issued on Thursday, The Fly reports.
A number of other brokerages have also issued reports on EUXTF. HSBC lowered Euronext from a “buy” rating to a “hold” rating and set a $102.00 target price on the stock. in a research report on Friday, August 27th. Credit Suisse Group reaffirmed an “outperform” rating on shares of Euronext in a research report on Friday, August 6th. Two analysts have rated the stock with a hold rating and four have issued a buy rating to the stock. Based on data from MarketBeat.com, the stock has a consensus rating of “Buy” and an average price target of $102.00.
Euronext stock remained flat at $$116.90 during midday trading on Thursday. The company has a 50 day simple moving average of $116.46 and a 200 day simple moving average of $109.59. Euronext has a one year low of $95.05 and a one year high of $121.53.
Euronext N.V., together with its subsidiaries, operates securities and derivatives exchanges in Continental Europe, Ireland, and Norway. 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.
Further Reading: Cash Asset Ratio
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