NCC Group PLC (NCC) Receives GBX 218 Consensus PT from Analysts
NCC Group PLC (LON:NCC) has been assigned an average recommendation of “Hold” from the seven brokerages that are covering the company, Marketbeat reports. One investment analyst has rated the stock with a sell recommendation, three have assigned a hold recommendation and three have assigned a buy recommendation to the company. The average 1-year price objective among brokerages that have issued ratings on the stock in the last year is GBX 218 ($2.82).
NCC has been the topic of a number of recent analyst reports. Peel Hunt reaffirmed a “buy” rating and set a GBX 245 ($3.16) price target on shares of NCC Group PLC in a report on Monday. Berenberg Bank downgraded shares of NCC Group PLC to a “sell” rating and raised their price target for the company from GBX 115 ($1.49) to GBX 155 ($2.00) in a report on Monday, July 24th. Shore Capital reaffirmed a “hold” rating on shares of NCC Group PLC in a report on Friday, July 14th. Citigroup Inc. reaffirmed a “neutral” rating and set a GBX 185 ($2.39) price target on shares of NCC Group PLC in a report on Wednesday, July 19th. Finally, Canaccord Genuity raised shares of NCC Group PLC to a “buy” rating and raised their price target for the company from GBX 118 ($1.52) to GBX 265 ($3.42) in a report on Monday, July 24th.
Shares of NCC Group PLC (LON:NCC) traded up 0.13% during mid-day trading on Tuesday, reaching GBX 196.25. 169,647 shares of the company’s stock traded hands. The firm’s 50 day moving average price is GBX 195.07 and its 200-day moving average price is GBX 156.79. NCC Group PLC has a 12-month low of GBX 87.80 and a 12-month high of GBX 377.30. The stock’s market cap is GBX 542.24 million.
The company also recently announced a dividend, which will be paid on Friday, September 29th. Shareholders of record on Thursday, August 31st will be paid a dividend of GBX 3.15 ($0.04) per share. This is a boost from NCC Group PLC’s previous dividend of $1.50. The ex-dividend date is Thursday, August 31st. This represents a yield of 1.7%.
In other news, insider Debbie Howard Hewitt bought 6,954 shares of the firm’s stock in a transaction on Tuesday, July 18th. The shares were bought at an average price of GBX 179 ($2.31) per share, for a total transaction of £12,447.66 ($16,076.02).
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NCC Group PLC Company Profile
NCC Group plc is a United Kingdom-based holding company. The principal activity of the Company is the provision of independent advice and services to customers by way of the provision of escrow and assurance services. It operates in two divisions: Assurance and Escrow. Its Assurance division includes security and risk consulting service and software testing and Website performance.
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