Shares of Northgate plc (LON:NTG) have been assigned an average rating of “Buy” from the six analysts that are currently covering the company, Marketbeat reports. One research analyst has rated the stock with a hold recommendation and five have issued a buy recommendation on the company. The average 1 year price target among brokerages that have covered the stock in the last year is GBX 558.60 ($7.58).

NTG has been the subject of a number of analyst reports. Peel Hunt reiterated a “buy” rating and issued a GBX 575 ($7.80) price target on shares of Northgate in a research note on Friday, January 5th. Jefferies Group reiterated a “buy” rating and issued a GBX 600 ($8.14) price target on shares of Northgate in a research note on Thursday, October 5th. N+1 Singer reiterated a “buy” rating and issued a GBX 578 ($7.84) price target on shares of Northgate in a research note on Tuesday, December 5th. Numis Securities reiterated a “buy” rating and issued a GBX 575 ($7.80) price target on shares of Northgate in a research note on Tuesday, December 5th. Finally, Barclays reiterated an “overweight” rating on shares of Northgate in a research note on Wednesday, December 6th.

Shares of Northgate (LON:NTG) opened at GBX 416 ($5.64) on Friday. The company has a market capitalization of $554.25 and a price-to-earnings ratio of 1,066.67. Northgate has a 12 month low of GBX 374.80 ($5.08) and a 12 month high of GBX 575.50 ($7.80).

The company also recently disclosed a dividend, which will be paid on Friday, January 26th. Stockholders of record on Thursday, December 14th will be given a dividend of GBX 6.10 ($0.08) per share. The ex-dividend date of this dividend is Thursday, December 14th. This represents a dividend yield of 1.52%.

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Northgate Company Profile

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.

Analyst Recommendations for Northgate (LON:NTG)

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