Novae Group Plc Given Hold Rating at Numis Securities Ltd (NVA)
Novae Group Plc (LON:NVA)‘s stock had its “hold” rating reaffirmed by Numis Securities Ltd in a research note issued on Tuesday, Stock Ratings News reports. They currently have a GBX 570 ($9.60) price target on the stock. Numis Securities Ltd’s target price suggests a potential downside of 0.18% from the stock’s previous close.
Novae Group Plc (LON:NVA) opened at 575.00 on Tuesday. Novae Group Plc has a 52 week low of GBX 446.75 and a 52 week high of GBX 665.00. The stock has a 50-day moving average of GBX 574.3 and a 200-day moving average of GBX 579.8. The company’s market cap is £361.7 million.
NVA has been the subject of a number of other recent research reports. Analysts at Westhouse Securities reiterated an “add” rating on shares of Novae Group Plc in a research note on Thursday, May 1st. Five research analysts have rated the stock with a hold rating and one has assigned a buy rating to the stock. Novae Group Plc currently has an average rating of “Hold” and a consensus price target of GBX 585.60 ($9.86).
Novae Group plc is a holding company. The Company carries on insurance business and associated financial activities.
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