N+1 Singer reiterated their buy rating on shares of Northgate plc (LON:NTG) in a report released on Thursday morning. N+1 Singer currently has a GBX 638 ($7.88) target price on the stock.

Several other research firms also recently weighed in on NTG. Berenberg Bank reissued a hold rating and set a GBX 465 ($5.74) target price on shares of Northgate plc in a research report on Thursday, February 9th. Barclays PLC boosted their target price on shares of Northgate plc from GBX 430 ($5.31) to GBX 600 ($7.41) and gave the stock an overweight rating in a research report on Friday, February 3rd. Peel Hunt boosted their target price on shares of Northgate plc from GBX 450 ($5.56) to GBX 550 ($6.79) and gave the stock a buy rating in a research report on Tuesday, January 24th. Jefferies Group LLC reissued a buy rating and set a GBX 480 ($5.93) target price on shares of Northgate plc in a research report on Wednesday, December 7th. Finally, Numis Securities Ltd boosted their target price on shares of Northgate plc from GBX 500 ($6.18) to GBX 525 ($6.48) and gave the stock a buy rating in a research report on Tuesday, December 6th. One research analyst has rated the stock with a hold rating and six have given a buy rating to the stock. Northgate plc presently has an average rating of Buy and a consensus price target of GBX 551.14 ($6.81).

Shares of Northgate plc (LON:NTG) opened at 563.50 on Thursday. The company’s market capitalization is GBX 750.76 million. Northgate plc has a 12 month low of GBX 305.00 and a 12 month high of GBX 575.50. The stock’s 50 day moving average is GBX 546.25 and its 200 day moving average is GBX 474.70.

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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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