Novae Group Plc Given Add Rating at Westhouse Securities (NVA)
Novae Group Plc (LON:NVA)‘s stock had its “add” rating reaffirmed by analysts at Westhouse Securities in a research report issued to clients and investors on Wednesday. They currently have a GBX 620 ($10.53) price target on the stock. Westhouse Securities’ price objective indicates a potential upside of 16.98% from the company’s current price.
Shares of Novae Group Plc (LON:NVA) opened at 530.00 on Wednesday. Novae Group Plc has a 52 week low of GBX 475.25 and a 52 week high of GBX 665.00. The stock has a 50-day moving average of GBX 528.4 and a 200-day moving average of GBX 561.5. The company’s market cap is £333.4 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 ($10.95) price target on the stock. Separately, analysts at Numis Securities Ltd raised their price target on shares of Novae Group Plc from GBX 575 ($9.76) to GBX 585 ($9.93) in a research note on Wednesday, May 21st. They now have a “hold” rating on the stock. Five investment analysts have rated the stock with a hold rating and one has assigned a buy rating to the stock. The company presently has a consensus rating of “Hold” and a consensus target price of GBX 593.83 ($10.08).
Novae Group plc is a holding company. The Company carries on insurance business and associated financial activities.
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