NN Group (NNGRY) to Release Quarterly Earnings on Thursday

NN Group (OTCMKTS:NNGRY) is expected to post its results before the market opens on Thursday, March 12th. Analysts expect NN Group to post earnings of $1.98 per share and revenue of $7.1965 billion for the quarter.

NN Group Price Performance

NNGRY stock opened at $39.20 on Thursday. NN Group has a 52-week low of $24.45 and a 52-week high of $42.74. The company’s 50-day simple moving average is $39.54 and its 200-day simple moving average is $36.76.

Analysts Set New Price Targets

NNGRY has been the subject of a number of recent analyst reports. Keefe, Bruyette & Woods upgraded NN Group from a “hold” rating to a “moderate buy” rating in a research report on Monday, November 10th. Zacks Research raised shares of NN Group from a “hold” rating to a “strong-buy” rating in a research note on Wednesday, February 18th. Finally, The Goldman Sachs Group restated a “buy” rating on shares of NN Group in a research report on Monday, December 1st. One equities research analyst has rated the stock with a Strong Buy rating, two have given a Buy rating, four have issued a Hold rating and one has issued a Sell rating to the stock. According to MarketBeat.com, the stock currently has a consensus rating of “Hold”.

NN Group Company Profile

NN Group N.V. (OTCMKTS:NNGRY) is a Dutch insurance and asset management company that provides a range of life and non-life insurance products, pension and retirement solutions, and investment management services. Its product offering typically includes individual and group life insurance, annuities, disability and health-related coverages, property & casualty insurance, and savings and retirement planning products aimed at both retail and corporate clients. The company also manages assets on behalf of its insurance operations and third-party institutional and individual investors.

NN Group traces its corporate structure to the Dutch insurer Nationale-Nederlanden and was established as a separate, publicly listed company following a demerger from ING Group in the mid-2010s.