Novae Group Plc (NVA) Given Hold Rating at Peel Hunt
Peel Hunt reissued their hold rating on shares of Novae Group Plc (LON:NVA) in a research report report published on Wednesday morning, StockTargetPrices.com reports. They currently have a GBX 715 ($9.23) price objective on the stock.
Separately, Shore Capital restated a buy rating on shares of Novae Group Plc in a research report on Thursday, July 6th. Four research analysts have rated the stock with a hold rating and two have given a buy rating to the stock. The stock currently has a consensus rating of Hold and a consensus target price of GBX 695.50 ($8.98).
Novae Group Plc (LON NVA) opened at 710.50 on Wednesday. The stock’s market cap is GBX 450.46 million. The firm’s 50-day moving average price is GBX 703.49 and its 200-day moving average price is GBX 634.75. Novae Group Plc has a 12-month low of GBX 490.32 and a 12-month high of GBX 850.00.
In other Novae Group Plc news, insider Reeken Patel bought 63 shares of the business’s stock in a transaction that occurred on Thursday, August 3rd. The stock was purchased at an average price of GBX 703 ($9.08) per share, for a total transaction of £442.89 ($571.99). In the last 90 days, insiders acquired 207 shares of company stock valued at $135,252.
Novae Group Plc Company Profile
Novae Group plc is a United Kingdom-based holding company. The Company is engaged in a diversified property and casualty (re)insurance business. The Company operates in three segments: Property; Casualty, and Marine, Aviation & Political Risk (MAP). The Property segment comprises approximately 10 underwriting units.
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