Northgate plc Upgraded to Add by Oriel Securities Ltd (NTG)
Northgate plc (LON:NTG) was upgraded by stock analysts at Oriel Securities Ltd to an “add” rating in a report issued on Monday. The firm currently has a GBX 570 ($9.46) target price on the stock. Oriel Securities Ltd’s target price points to a potential upside of 11.98% from the stock’s previous close.
NTG has been the subject of a number of other recent research reports. Analysts at Numis Securities Ltd reiterated a “buy” rating on shares of Northgate plc in a research note on Monday. They now have a GBX 612 ($10.16) price target on the stock. Finally, analysts at N+1 Singer reiterated a “buy” rating on shares of Northgate plc in a research note on Wednesday, July 9th. They now have a GBX 605 ($10.04) price target on the stock. Four equities research analysts have rated the stock with a hold rating and four have given a buy rating to the company’s stock. Northgate plc presently has a consensus rating of “Buy” and a consensus target price of GBX 576.50 ($9.57).
Northgate plc (LON:NTG) opened at 515.00 on Monday. Northgate plc has a 1-year low of GBX 385.00 and a 1-year high of GBX 618.50. The stock has a 50-day moving average of GBX 500.3 and a 200-day moving average of GBX 527.6. The company’s market cap is £685.4 million.
Northgate plc is an investment holding company. The Company is engaged in light commercial vehicle hire business in United Kingdom and Spain.
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