Westhouse Securities Reiterates “Add” Rating for Novae Group Plc (NVA)
Shares of Novae Group Plc (LON:NVA) traded up 0.46% during mid-day trading on Thursday, hitting GBX 543.50. The stock had a trading volume of 11,994 shares. Novae Group Plc has a 52-week low of GBX 446.75 and a 52-week high of GBX 665.00. The stock’s 50-day moving average is GBX 560.1 and its 200-day moving average is GBX 581.. The company’s market cap is £341.9 million.
Several other analysts have also recently commented on the stock. Analysts at Numis Securities Ltd raised their price target on shares of Novae Group Plc from GBX 575 ($9.64) to GBX 585 ($9.81) in a research note on Wednesday, May 21st. They now have a “hold” rating on the stock. Separately, 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 ($10.81) 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, May 14th. They now have a GBX 573 ($9.61) price target on the stock. Five analysts have rated the stock with a hold rating and one has given a buy rating to the stock. The company currently has a consensus rating of “Hold” and an average price target of GBX 588.60 ($9.87).
Novae Group plc is a holding company. The Company carries on insurance business and associated financial activities.
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