A number of research firms have changed their ratings and price targets for Northgate plc (LON: NTG):

  • 9/19/2017 – Northgate plc had its “buy” rating reaffirmed by analysts at Peel Hunt. They now have a GBX 575 ($7.75) price target on the stock.
  • 9/19/2017 – Northgate plc had its “buy” rating reaffirmed by analysts at N+1 Singer. They now have a GBX 497 ($6.70) price target on the stock.
  • 9/19/2017 – Northgate plc had its “buy” rating reaffirmed by analysts at Numis Securities Ltd. They now have a GBX 575 ($7.75) price target on the stock, down previously from GBX 600 ($8.09).
  • 9/8/2017 – Northgate plc had its “buy” rating reaffirmed by analysts at Peel Hunt. They now have a GBX 575 ($7.75) price target on the stock.

Northgate plc (LON:NTG) opened at 423.25 on Thursday. The firm has a 50-day moving average price of GBX 419.38 and a 200 day moving average price of GBX 487.87. Northgate plc has a 52-week low of GBX 392.02 and a 52-week high of GBX 575.50. The company’s market capitalization is GBX 560.77 million.

The firm also recently disclosed a dividend, which will be paid on Saturday, September 23rd. Investors of record on Thursday, August 10th will be paid a GBX 11.60 ($0.16) dividend. This is an increase from Northgate plc’s previous dividend of $5.70. The ex-dividend date is Thursday, August 10th. This represents a yield of 2.6%.

In other Northgate plc news, insider Andrew Page acquired 30,000 shares of Northgate plc stock in a transaction that occurred on Tuesday, July 18th. The stock was bought at an average price of GBX 422 ($5.69) per share, with a total value of £126,600 ($170,688.96). Also, insider Claire Miles acquired 5,000 shares of Northgate plc stock in a transaction that occurred on Tuesday, July 11th. The stock was acquired at an average cost of GBX 428 ($5.77) per share, with a total value of £21,400 ($28,852.64).

Northgate plc is an investment holding company. The Company is engaged in the light commercial vehicle hire business in the United Kingdom, Ireland and Spain. The Company’s segments include UK, Spain and Corporate. The Company has a national network of approximately 80 branches across the United Kingdom and Ireland with a total fleet size of over 53,000 vehicles.

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