Westhouse Securities Reiterates Add Rating for Novae Group Plc (NVA)
Novae Group Plc (LON:NVA)‘s stock had its “add” rating reiterated by equities researchers at Westhouse Securities in a research report issued on Tuesday, American Banking News.com reports. They currently have a GBX 640 ($10.75) price target on the stock. Westhouse Securities’ target price points to a potential upside of 13.27% from the stock’s previous close.
Several other analysts have also recently commented on the stock. Analysts at Keefe, Bruyette & Woods reiterated a “market perform” rating on shares of Novae Group Plc in a research note on Wednesday, March 5th. They now have a GBX 560 ($9.41) price target on the stock. Separately, analysts at Canaccord Genuity reiterated a “buy” rating on shares of Novae Group Plc in a research note on Wednesday, March 5th. They now have a GBX 645 ($10.83) price target on the stock. Finally, analysts at Espirito Santo Investment Bank Research reiterated a “neutral” rating on shares of Novae Group Plc in a research note on Wednesday, March 5th. They now have a GBX 573 ($9.62) price target on the stock. One research analyst has rated the stock with a sell rating, five have given a hold rating and one has issued a buy rating to the company’s stock. Novae Group Plc presently has an average rating of “Hold” and an average price target of GBX 571.33 ($9.60).
Shares of Novae Group Plc (LON:NVA) traded down 0.88% on Tuesday, hitting GBX 565.00. 18,847 shares of the company’s stock traded hands. Novae Group Plc has a 1-year low of GBX 446.75 and a 1-year high of GBX 665.00. The stock’s 50-day moving average is GBX 586.4 and its 200-day moving average is GBX 575.9. The company’s market cap is £355.4 million.
Novae Group plc is a holding company. The Company carries on insurance business and associated financial activities.
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.