NN Group NV Unsponsored ADR (OTCMKTS:NNGRY) Receives Consensus Rating of “Hold” from Brokerages

Shares of NN Group NV Unsponsored ADR (OTCMKTS:NNGRY) have been given a consensus rating of “Hold” by the eight brokerages that are currently covering the stock, MarketBeat reports. One analyst has rated the stock with a sell recommendation, four have issued a hold recommendation, two have issued a buy recommendation and one has given a strong buy recommendation to the company.

A number of research analysts recently weighed in on the company. Zacks Research raised NN Group from a “hold” rating to a “strong-buy” rating in a research report on Wednesday, February 18th. The Goldman Sachs Group reissued a “buy” rating on shares of NN Group in a research note on Monday, December 1st.

NN Group Trading Down 1.2%

NNGRY stock opened at $37.88 on Wednesday. The firm has a 50 day moving average price of $39.46 and a 200-day moving average price of $37.13. NN Group has a 52-week low of $24.45 and a 52-week high of $42.74.

About NN Group

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.