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Novae Group Plc (LON:NVA) declared a dividend on Tuesday, August 5th, AnalystRatings.NET reports. Stockholders of record on Wednesday, September 3rd will be given a dividend of GBX 6.60 ($0.11) per share on Wednesday, October 1st. This represents a yield of 1.26%. The ex-dividend date of this dividend is Wednesday, September 3rd. The official announcement can be seen at this link.

A number of research firms have recently commented on NVA. Analysts at Numis Securities Ltd reiterated a “hold” rating on shares of Novae Group Plc in a research note on Tuesday. They now have a GBX 585 ($9.84) price target on the stock. On a related note, analysts at Espirito Santo Investment Bank Research reiterated a “neutral” rating on shares of Novae Group Plc in a research note on Tuesday. They now have a GBX 573 ($9.64) price target on the stock. Finally, analysts at Canaccord Genuity reiterated a “buy” rating on shares of Novae Group Plc in a research note on Tuesday. They now have a GBX 645 ($10.85) price target on the stock. Five analysts have rated the stock with a hold rating and one has assigned a buy rating to the company. The company currently has an average rating of “Hold” and a consensus price target of GBX 593.83 ($9.99).

Novae Group Plc (LON:NVA) traded down 0.29% on Tuesday, hitting GBX 520.50. 18,171 shares of the company’s stock traded hands. Novae Group Plc has a 1-year low of GBX 480.00 and a 1-year high of GBX 665.00. The stock’s 50-day moving average is GBX 526.9 and its 200-day moving average is GBX 560.. The company’s market cap is £327.4 million.

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

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