Novae Group Plc Given Hold Rating at Numis Securities Ltd (NVA)
Novae Group Plc (LON:NVA)‘s stock had its “hold” rating reiterated by stock analysts at Numis Securities Ltd in a report issued on Wednesday. They currently have a GBX 585 ($9.84) price target on the stock. Numis Securities Ltd’s price objective would suggest a potential upside of 2.72% from the company’s current price.
A number of other firms have also recently commented on NVA. Analysts at Canaccord Genuity reiterated a “buy” rating on shares of Novae Group Plc in a research note on Wednesday, May 14th. They now have a GBX 645 ($10.85) price target on the stock. Separately, analysts at Espirito Santo Investment Bank Research reiterated a “neutral” rating on shares of Novae Group Plc in a research note on Wednesday, May 14th. They now have a GBX 573 ($9.64) price target on the stock. Finally, analysts at Westhouse Securities reiterated an “add” rating on shares of Novae Group Plc in a research note on Thursday, May 1st. Five analysts have rated the stock with a hold rating and one has issued a buy rating to the company’s stock. Novae Group Plc has a consensus rating of “Hold” and an average target price of GBX 588.60 ($9.90).
Shares of Novae Group Plc (LON:NVA) opened at 570.00 on Wednesday. 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 572.9 and a 200-day moving average of GBX 580.9. The company’s market cap is £358.5 million.
Novae Group plc is a holding company. The Company carries on insurance business and associated financial activities.
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