Canaccord Genuity Reiterates Hold Rating for NCC Group PLC (NCC)
NCC Group PLC (LON:NCC)‘s stock had its “hold” rating reissued by Canaccord Genuity in a research note issued on Tuesday. They presently have a GBX 297 ($3.88) price target on the stock. Canaccord Genuity’s price target suggests a potential downside of 13.36% from the company’s previous close.
A number of other equities analysts have also recently commented on the stock. Peel Hunt reaffirmed a “buy” rating and issued a GBX 325 ($4.24) target price on shares of NCC Group PLC in a report on Thursday, July 7th. Jefferies Group started coverage on shares of NCC Group PLC in a report on Wednesday, May 4th. They issued a “buy” rating and a GBX 320 ($4.18) target price on the stock. Finally, Shore Capital reaffirmed a “buy” rating on shares of NCC Group PLC in a report on Tuesday, July 5th. Three equities research analysts have rated the stock with a hold rating and four have given a buy rating to the company. NCC Group PLC has a consensus rating of “Buy” and a consensus price target of GBX 325.17 ($4.24).
Shares of NCC Group PLC (LON:NCC) traded down 1.72% during mid-day trading on Tuesday, reaching GBX 342.80. 361,386 shares of the company were exchanged. The stock’s market capitalization is GBX 945.52 million. NCC Group PLC has a 12 month low of GBX 225.70 and a 12 month high of GBX 377.30. The stock has a 50 day moving average price of GBX 338.64 and a 200-day moving average price of GBX 296.51.
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In other NCC Group PLC news, insider Patel ,Atul sold 13,426 shares of the business’s stock in a transaction on Tuesday, July 12th. The shares were sold at an average price of GBX 297 ($3.88), for a total value of £39,875.22 ($52,049.63).
About NCC Group PLC
NCC Group plc is a United Kingdom-based holding company. It operates as an information assurance company, which is engaged in providing organizations across the world with escrow and verification, security consulting, Web performance and domain services. It operates in three divisions: Escrow, Assurance and Domain Services.
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