Northgate’s “Buy” Rating Reaffirmed at Nplus1 Brewin (NTG)
Northgate (LON:NTG)‘s stock had its “buy” rating reiterated by research analysts at Nplus1 Brewin in a report released on Thursday, Stock Ratings Network.com reports. They currently have a GBX 450 ($7.15) price objective on the stock. Nplus1 Brewin’s target price would suggest a potential upside of 13.64% from the stock’s previous close.
Shares of Northgate (LON:NTG) opened at 425.00 on Thursday. Northgate has a 52-week low of GBX 221.962 and a 52-week high of GBX 410.00. The stock has a 50-day moving average of GBX 392. and a 200-day moving average of GBX 348.9. The company’s market cap is £565.7 million.
A number of other analysts have also recently weighed in on NTG. Analysts at Jefferies Group reiterated a “buy” rating on shares of Northgate (LON:NTG) in a research note to investors on Thursday. They now have a GBX 385 ($6.11) price target on the stock. Separately, analysts at N+1 Singer reiterated a “buy” rating on shares of Northgate (LON:NTG) in a research note to investors on Thursday. They now have a GBX 450 ($7.15) price target on the stock. Finally, analysts at N+1 Singer raised their price target on shares of Northgate (LON:NTG) from GBX 380 ($6.03) to GBX 450 ($7.15) in a research note to investors on Thursday, August 15th. They now have a “buy” rating on the stock.
One research analyst has rated the stock with a sell rating, one has given a hold rating and seven have assigned a buy rating to the company’s stock. The stock currently has an average rating of “Buy” and a consensus target price of GBX 364.25 ($5.78).
Northgate plc is an investment holding company. The Company is engaged in light commercial vehicle hire business in United Kingdom and Spain.
Get Analysts' Upgrades and Downgrades via Email - Stay on top of analysts' coverage with Analyst Ratings Network's FREE daily email newsletter that provides a concise list of analysts' upgrades and downgrades. Click here to register now.