Nexi S.p.A. (OTCMKTS:NEXXY – Get Rating) has received a consensus recommendation of “Buy” from the eight research firms that are presently covering the firm, Marketbeat Ratings reports. Two analysts have rated the stock with a hold rating and six have assigned a buy rating to the company. The average 12 month price objective among brokerages that have covered the stock in the last year is $9.50.
Several research analysts recently commented on the stock. Morgan Stanley assumed coverage on shares of Nexi in a research note on Tuesday, February 22nd. They issued an “equal weight” rating on the stock. Deutsche Bank Aktiengesellschaft reduced their price target on shares of Nexi from $2.00 to $1.00 and set a “buy” rating on the stock in a research note on Tuesday, January 25th. Finally, Bryan, Garnier & Co assumed coverage on shares of Nexi in a report on Tuesday, March 15th. They set a “buy” rating on the stock.
NEXXY stock traded down $0.16 during trading on Friday, hitting $9.69. The company had a trading volume of 12,524 shares, compared to its average volume of 37,330. Nexi has a 52-week low of $9.05 and a 52-week high of $23.48. The company has a 50 day simple moving average of $11.00 and a 200-day simple moving average of $14.16.
Nexi S.p.A. provides electronic money and payment services to banks, financial and insurance institutions, merchants, businesses, and public administration in Italy. The company offers acquiring services; configuration, activation, and maintenance of POS terminals; fraud prevention; and dispute management services, as well as customer support services.
- Get a free copy of the StockNews.com research report on Nexi (NEXXY)
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