Northgate plc (NTG) Receives GBX 498.25 Average PT from Brokerages
Shares of Northgate plc (LON:NTG) have been given an average rating of “Buy” by the nine analysts that are currently covering the company. Three research analysts have rated the stock with a hold recommendation and six have assigned a buy recommendation to the company. The average 12-month target price among analysts that have updated their coverage on the stock in the last year is GBX 498.25 ($6.23).
A number of research firms recently commented on NTG. Jefferies Group reiterated a “buy” rating and issued a GBX 480 ($6.00) target price on shares of Northgate plc in a research report on Tuesday, November 1st. Peel Hunt reiterated a “buy” rating and issued a GBX 450 ($5.62) target price on shares of Northgate plc in a research report on Wednesday, September 21st. N+1 Singer reiterated a “hold” rating on shares of Northgate plc in a research report on Wednesday, September 21st. Finally, Numis Securities Ltd reiterated a “buy” rating and issued a GBX 500 ($6.25) target price on shares of Northgate plc in a research report on Monday, August 1st.
Shares of Northgate plc (LON:NTG) opened at 411.25 on Tuesday. The stock’s market cap is GBX 540.03 million. The firm has a 50-day moving average price of GBX 421.45 and a 200 day moving average price of GBX 397.21. Northgate plc has a 12-month low of GBX 305.00 and a 12-month high of GBX 441.93.
Northgate plc Company Profile
Northgate plc is an investment holding company. The Company is engaged in the light commercial vehicle hire business in the United Kingdom, Ireland and Spain. The Company’s segments include UK, Spain and Corporate. The Company has a national network of approximately 80 branches across the United Kingdom and Ireland with a total fleet size of over 53,000 vehicles.
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