Novae Group Plc (NVA) Receives Consensus Recommendation of “Hold” from Analysts

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).

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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)

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