Northgate plc Given Average Recommendation of “Buy” by Analysts (LON:NTG)
Northgate plc (LON:NTG) has received a consensus recommendation of “Buy” from the eight analysts that are currently covering the stock, AnalystRatingsNetwork.com reports. Four analysts have rated the stock with a hold rating and four have given a buy rating to the company. The average twelve-month price target among analysts that have covered the stock in the last year is GBX 576.50 ($9.57).
A number of analysts have recently weighed in on NTG shares. Analysts at Oriel Securities Ltd upgraded shares of Northgate plc to an “add” rating in a research note on Monday. They now have a GBX 570 ($9.46) price target on the stock. Separately, 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 Numis Securities Ltd reiterated a “buy” rating on shares of Northgate plc in a research note on Friday, August 1st. They now have a GBX 612 ($10.16) price target on the stock.
Shares of Northgate plc (LON:NTG) traded up 0.90% during mid-day trading on Tuesday, hitting GBX 519.64. 51,136 shares of the company’s stock traded hands. Northgate plc has a one year low of GBX 385.00 and a one year high of GBX 618.50. The stock’s 50-day moving average is GBX 499.8 and its 200-day moving average is GBX 526.7. The company’s market cap is £691.6 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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