NCC Group PLC (NCC) Given Average Recommendation of “Hold” by Analysts
NCC Group PLC (LON:NCC) has been assigned an average rating of “Hold” from the seven brokerages that are covering the firm, Marketbeat.com reports. One analyst has rated the stock with a sell recommendation, three have given a hold recommendation and three have given a buy recommendation to the company. The average 12 month price target among analysts that have covered the stock in the last year is GBX 218 ($2.84).
Several analysts have issued reports on NCC shares. Peel Hunt reiterated a “buy” rating and issued a GBX 245 ($3.19) target price on shares of NCC Group PLC in a research note on Wednesday, April 26th. Canaccord Genuity reiterated a “hold” rating and issued a GBX 118 ($1.54) target price on shares of NCC Group PLC in a research note on Thursday, April 27th. Citigroup Inc. reiterated a “neutral” rating on shares of NCC Group PLC in a research note on Tuesday, May 2nd. Shore Capital reiterated a “hold” rating on shares of NCC Group PLC in a research note on Thursday, April 27th. Finally, Berenberg Bank cut shares of NCC Group PLC to a “sell” rating and increased their target price for the stock from GBX 115 ($1.50) to GBX 155 ($2.02) in a research note on Monday, July 24th.
In related news, insider Debbie Howard Hewitt acquired 6,954 shares of the stock in a transaction dated Tuesday, July 18th. The shares were purchased at an average price of GBX 179 ($2.33) per share, for a total transaction of £12,447.66 ($16,210.00).
NCC Group PLC (LON NCC) opened at 201.25 on Friday. The company’s market capitalization is GBX 556.05 million. NCC Group PLC has a 52 week low of GBX 87.80 and a 52 week high of GBX 377.30. The company has a 50-day moving average of GBX 180.41 and a 200-day moving average of GBX 155.74.
The business also recently disclosed a dividend, which will be paid on Friday, September 29th. Stockholders of record on Thursday, August 31st will be given a dividend of GBX 3.15 ($0.04) per share. The ex-dividend date is Thursday, August 31st. This represents a dividend yield of 1.7%. This is a boost from NCC Group PLC’s previous dividend of $1.50.
About NCC Group PLC
NCC Group plc is a holding company. The principal activity of the Company is the provision of independent advice and services to customers by way of the provision of escrow and assurance services. It operates through three segments: Group Escrow, Assurance and Domain Services. The Domain Services segment is focused on maintaining and publishing the .trust security standards.
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