Nexteq PLC 143.4% potential upside indicated by Canaccord Genuity

Nexteq PLC with ticker (LON:NXQ) now has a potential upside of 143.4% according to Canaccord Genuity.



Canaccord Genuity set a target price of 275 GBX for the company, which when compared to the Nexteq PLC share price of 113 GBX at opening today (20/10/2023) indicates a potential upside of 143.4%. Trading has ranged between 112 (52 week low) and 178 (52 week high) with an average of 59,581 shares exchanging hands daily. The market capitalisation at the time of writing is £74,728,886.

Nexteq Plc is a business-to-business (B2B) technology company, which enables customers in selected industrial markets to outsource the design, development and supply of non-core aspects of their product offering. The Company is engaged in the hardware product business, operating as a technology design and supply chain partner to customers in selected industrial markets. The Company’s brands include Densitron and Quixant. Densitron services the broad industrial marketplace as a specialist in Human Machine Interaction. It provides displays, control surfaces, and control systems to a range of global industrial markets. Quixant is focused on the casino gaming and slot machine markets, designing, developing and manufacturing gaming platforms and display solutions for this thriving sector.