Northgate’s “Overweight” Rating Reaffirmed at Barclays Capital (NTG)
Northgate (LON: NTG)‘s stock had its “overweight” rating reiterated by investment analysts at Barclays Capital in a note issued to investors on Tuesday. They currently have a $5.85 (386 GBX) target price on the stock.
Shares of Northgate opened at 332.25 on Tuesday. Northgate has a 52 week low of GBX 156.50 and a 52 week high of GBX 338.00. The stock’s 50-day moving average is currently GBX 239.7. The company’s market cap is £441.1 million.
Separately, analysts at Jefferies Group reiterated a “buy” rating on shares of Northgate in a research note to investors on Tuesday, December 4th. They now have a $4.67 price target on the stock.
Northgate plc is an investment holding company. The Company is engaged in light commercial vehicle hire business in United Kingdom and Spain.
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