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Novae Group Plc (LON:NVA)‘s stock had its “add” rating reaffirmed by equities researchers at Westhouse Securities in a research report issued on Thursday.

Shares of Novae Group Plc (LON:NVA) traded up 3.62% during mid-day trading on Thursday, hitting GBX 558.00. 18,635 shares of the company’s stock traded hands. Novae Group Plc has a 52-week low of GBX 472.75 and a 52-week high of GBX 665.00. The stock has a 50-day moving average of GBX 543.9 and a 200-day moving average of GBX 573.0. The company’s market cap is £351.0 million.

NVA has been the subject of a number of other recent research reports. Analysts at Canaccord Genuity reiterated a “buy” rating on shares of Novae Group Plc in a research note on Wednesday, July 2nd. They now have a GBX 645 ($11.06) price target on the stock. Separately, analysts at Numis Securities Ltd raised their price target on shares of Novae Group Plc from GBX 575 ($9.86) to GBX 585 ($10.03) in a research note on Wednesday, May 21st. They now have a “hold” rating on the stock. Five analysts have rated the stock with a hold rating and one has issued a buy rating to the company’s stock. The stock has an average rating of “Hold” and an average price target of GBX 588.60 ($10.10).

Novae Group plc is a holding company. The Company carries on insurance business and associated financial activities.

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