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

Euronext (OTCMKTS:EUXTFGet Rating) has been given an average rating of “Buy” by the six brokerages that are presently covering the company, MarketBeat reports. One research analyst has rated the stock with a hold rating and four have issued a buy rating on the company. The average 1-year price target among brokerages that have updated their coverage on the stock in the last year is $101.30.

EUXTF has been the subject of several analyst reports. Morgan Stanley upped their target price on Euronext from €98.70 ($106.13) to €102.90 ($110.65) in a research report on Thursday, April 21st. UBS Group upped their target price on Euronext to €97.00 ($104.30) and gave the stock a “buy” rating in a research report on Thursday, May 19th. Finally, Credit Suisse Group initiated coverage on Euronext in a research report on Thursday, April 7th. They issued an “outperform” rating for the company.

OTCMKTS:EUXTF traded up $0.17 on Wednesday, hitting $84.00. 332 shares of the stock were exchanged, compared to its average volume of 1,041. The stock has a fifty day moving average of $83.89 and a 200-day moving average of $91.82. Euronext has a fifty-two week low of $73.25 and a fifty-two week high of $121.53.

Euronext Company Profile (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.

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Analyst Recommendations for Euronext (OTCMKTS:EUXTF)

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