Shares of Northgate plc (LON:NTG) have been given an average recommendation of “Buy” by the nine analysts that are presently covering the company. Three equities research analysts have rated the stock with a hold rating and six have given a buy rating to the company. The average twelve-month target price among analysts that have issued a report on the stock in the last year is GBX 498.25 ($6.17).

NTG has been the subject of a number of recent research reports. Jefferies Group reiterated a “buy” rating and issued a GBX 530 ($6.56) price objective on shares of Northgate plc in a research note on Wednesday, June 22nd. Peel Hunt reiterated a “buy” rating and issued a GBX 500 ($6.19) price objective on shares of Northgate plc in a research note on Tuesday, June 28th. Numis Securities Ltd reiterated a “buy” rating and issued a GBX 500 ($6.19) price objective on shares of Northgate plc in a research note on Tuesday, June 28th. Barclays PLC reduced their price objective on shares of Northgate plc from GBX 480 ($5.94) to GBX 373 ($4.62) and set an “overweight” rating for the company in a research note on Wednesday, June 29th. Finally, N+1 Singer restated a “hold” rating on shares of Northgate plc in a research report on Wednesday, September 21st.

Shares of Northgate plc (LON:NTG) traded up 1.12% on Tuesday, reaching GBX 429.75. The company had a trading volume of 122,940 shares. The company’s 50-day moving average is GBX 423.84 and its 200-day moving average is GBX 393.37. Northgate plc has a one year low of GBX 305.00 and a one year high of GBX 442.00. The company’s market capitalization is GBX 564.33 million.

About Northgate plc

Northgate plc is a United Kingdom-based investment holding company. The Company is engaged in the light commercial vehicle hire business in the United Kingdom, Ireland and Spain. It operates through two divisions: the UK division, which includes operations in the Republic of Ireland, and Spain division.

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