Novae Group PLC (LON:NVA) Rating Reaffirmed
They currently have a GBX 950.00 PT on Novae Group PLC (LON:NVA). The target price by Peel Hunt would suggest a potential upside of 7.92% from the company’s last stock close. This has been disclosed to clients in an analyst research report on Monday, 7 December.
From a total of 8 analysts covering Novae Group PLC (LON:NVA) stock, 4 rate it a ”Buy”, 0 a “Sell”, and 4 a ”Hold”. This means that 50% of the ratings are positive. The highest target price is GBX 1140 while the lowest target price is GBX 705. The mean of all analyst targets is GBX 875.71 with a -0.69% below today’s (GBX 881.75) stock price. Novae Group PLC was the topic of 13 analyst reports since August 5, 2015 according to the firm StockzIntelligence Inc. Peel Hunt downgraded shares on November 17 to “Add” rating. Espirito Santo Execution maintained shares with “Neutral” rating and GBX 705 target share price in a report from an August 5. Shore Capital maintained NVA stock in a recent report from November 11 with “Hold” rating. Wood maintained the rating on August 5. Wood has a “Market Perform” rating and a GBX 720 price target on shares. Finally, Haitong Securities maintained the stock with “Buy” rating in a report issued on a November 11.
Approximately 2,164 shares of stock traded hands. Novae Group Plc (LON:NVA) has risen 24.50% since May 8, 2015 and is uptrending. It has outperformed by 25.58% the S&P500.
Novae Group plc is a United Kingdom holding company. The company has a market cap of 556.95 million GBP. The Firm is engaged in insurance and reinsurance business and associated financial activities. It has 11.57 P/E ratio. The Firm operates in three divisions: Property, Casualty and Marine, Aviation & Political Risk .