Euronext (OTCMKTS:EUXTF) Receives Average Rating of “Buy” from Brokerages

Shares of Euronext (OTCMKTS:EUXTFGet Rating) have received a consensus recommendation of “Buy” from the six ratings firms that are currently covering the company, MarketBeat.com reports. Two investment analysts have rated the stock with a hold recommendation and four have issued a buy recommendation on the company. The average twelve-month price target among brokerages that have covered the stock in the last year is $104.00.

EUXTF has been the topic of a number of recent analyst reports. Credit Suisse Group initiated coverage on Euronext in a research note on Thursday, April 7th. They issued an “outperform” rating on the stock. Barclays initiated coverage on Euronext in a research report on Thursday, February 3rd. They set an “equal weight” rating on the stock.

Shares of EUXTF stock traded up $3.18 during trading on Tuesday, reaching $93.10. The company had a trading volume of 515 shares, compared to its average volume of 972. The firm’s 50 day simple moving average is $92.14 and its two-hundred day simple moving average is $100.26. Euronext has a one year low of $84.46 and a one year high of $121.53.

About Euronext (Get Rating)

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

Analyst Recommendations for Euronext (OTCMKTS:EUXTF)

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