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

NN Group NV Unsponsored ADR (OTCMKTS:NNGRY) has been assigned an average recommendation of “Hold” from the six brokerages that are presently covering the company, Marketbeat Ratings reports. One analyst has rated the stock with a sell recommendation, three have issued a hold recommendation and two have given a buy recommendation to the company.

Separately, Zacks Research cut shares of NN Group from a “strong-buy” rating to a “hold” rating in a report on Monday, April 20th.

NN Group Stock Up 0.9%

OTCMKTS:NNGRY opened at $43.56 on Friday. NN Group has a twelve month low of $32.59 and a twelve month high of $45.12. The stock has a fifty day simple moving average of $43.11 and a 200-day simple moving average of $40.79. The company has a current ratio of 137.28, a quick ratio of 137.28 and a debt-to-equity ratio of 0.58.

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.