NN Group (OTCMKTS:NNGRY) Rating Increased to Strong-Buy at Zacks Research

Zacks Research upgraded shares of NN Group (OTCMKTS:NNGRY) from a hold rating to a strong-buy rating in a report released on Wednesday morning,Zacks.com reports.

Other equities analysts have also recently issued research reports about the company. The Goldman Sachs Group reiterated a “buy” rating on shares of NN Group in a report on Monday, December 1st. Keefe, Bruyette & Woods raised shares of NN Group from a “hold” rating to a “moderate buy” rating in a research note on Monday, November 10th. One research analyst has rated the stock with a Strong Buy rating, two have issued a Buy rating, four have given a Hold rating and one has assigned a Sell rating to the company’s stock. According to data from MarketBeat.com, NN Group presently has a consensus rating of “Hold”.

NN Group Stock Up 2.0%

Shares of OTCMKTS:NNGRY traded up $0.81 during trading on Wednesday, reaching $41.38. The company’s stock had a trading volume of 6,288 shares, compared to its average volume of 100,290. NN Group has a 12 month low of $24.07 and a 12 month high of $42.74. The firm’s 50 day simple moving average is $39.06 and its two-hundred day simple moving average is $36.43.

NN Group Company Profile

NN Group N.V. (OTCMKTS:NNGRY) is a Dutch insurance and asset management company that provides a range of life and non-life insurance products, pension and retirement solutions, and investment management services. Its product offering typically includes individual and group life insurance, annuities, disability and health-related coverages, property & casualty insurance, and savings and retirement planning products aimed at both retail and corporate clients. The company also manages assets on behalf of its insurance operations and third-party institutional and individual investors.

NN Group traces its corporate structure to the Dutch insurer Nationale-Nederlanden and was established as a separate, publicly listed company following a demerger from ING Group in the mid-2010s.