NN Group NV Unsponsored ADR (OTCMKTS:NNGRY) Given Average Rating of “Hold” by Analysts

Shares of NN Group NV Unsponsored ADR (OTCMKTS:NNGRY) have received an average rating of “Hold” from the eight ratings firms that are covering the stock, Marketbeat reports. One research analyst has rated the stock with a sell recommendation, five have assigned a hold recommendation and two have issued a buy recommendation on the company.

Several research firms have recently commented on NNGRY. The Goldman Sachs Group reaffirmed a “buy” rating on shares of NN Group in a report on Monday, December 1st. Keefe, Bruyette & Woods upgraded NN Group from a “hold” rating to a “moderate buy” rating in a research report on Monday, November 10th.

NN Group Stock Up 1.6%

Shares of OTCMKTS:NNGRY opened at $40.16 on Tuesday. NN Group has a fifty-two week low of $22.19 and a fifty-two week high of $40.20. The firm has a 50-day simple moving average of $37.99 and a 200 day simple moving average of $35.86.

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.