Novae Group Plc (LON:NVA) has earned an average rating of “Hold” from the six research firms that are presently covering the company, Marketbeat Ratings reports. Four equities research analysts have rated the stock with a hold rating and two have issued a buy rating on the company. The average 1 year target price among brokerages that have covered the stock in the last year is GBX 682.60 ($9.19).

A number of brokerages recently commented on NVA. Shore Capital reaffirmed a “buy” rating and set a GBX 698 ($9.39) price objective on shares of Novae Group in a research note on Friday, August 25th. Peel Hunt reaffirmed a “hold” rating and set a GBX 715 ($9.62) price objective on shares of Novae Group in a research note on Wednesday, August 30th.

Novae Group (NVA) opened at GBX 714.62 ($9.62) on Thursday. Novae Group has a 1 year low of GBX 490.32 ($6.60) and a 1 year high of GBX 850 ($11.44).

WARNING: This report was originally posted by American Banking News and is the sole property of of American Banking News. If you are accessing this report on another site, it was illegally copied and reposted in violation of US and international trademark and copyright law. The correct version of this report can be viewed at https://www.americanbankingnews.com/2017/12/21/novae-group-plc-nva-receives-consensus-recommendation-of-hold-from-analysts.html.

Novae Group Company Profile

Novae Group plc is a United Kingdom-based holding company. The Company is engaged in a diversified property and casualty (re)insurance business. The Company operates in three segments: Property; Casualty, and Marine, Aviation & Political Risk (MAP). The Property segment comprises approximately 10 underwriting units.

Analyst Recommendations for Novae Group (LON:NVA)

Receive News & Ratings for Novae Group Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Novae Group and related companies with MarketBeat.com's FREE daily email newsletter.