Northbridge Industrial Services Plc’s “Buy” Rating Reaffirmed at Citigroup Inc. (NBI)
Northbridge Industrial Services Plc (LON:NBI)‘s stock had its “buy” rating reiterated by research analysts at Citigroup Inc. in a report released on Thursday, Analyst Ratings Network.com reports. They currently have a GBX 571 ($9.38) price target on the stock. Citigroup Inc.’s price objective indicates a potential upside of 27.17% from the company’s current price.
Shares of Northbridge Industrial Services Plc (LON:NBI) traded up 0.90% during mid-day trading on Thursday, hitting GBX 449.00. 16,025 shares of the company’s stock traded hands. Northbridge Industrial Services Plc has a 52-week low of GBX 300.00 and a 52-week high of GBX 378.00. The stock has a 50-day moving average of GBX 459.6 and a 200-day moving average of GBX 444.6.
A number of other firms have also recently commented on NBI. Analysts at N+1 Singer reiterated a “buy” rating on shares of Northbridge Industrial Services Plc in a research note to investors on Thursday. They now have a GBX 495 ($8.13) price target on the stock. Analysts at Westhouse Securities reiterated a “buy” rating on shares of Northbridge Industrial Services Plc in a research note to investors on Tuesday, November 26th. They now have a GBX 571 ($9.38) price target on the stock. Five investment analysts have rated the stock with a buy rating, The company presently has a consensus rating of “Buy” and a consensus target price of GBX 536.40 ($8.82).
Northbridge Industrial Services plc is engaged in acquiring companies, which manufacture, hire and sell specialist industrial equipment.
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