Peel Hunt Reiterates “Buy” Rating for NCC Group PLC (NCC)
NCC Group PLC (LON:NCC)‘s stock had its “buy” rating reiterated by research analysts at Peel Hunt in a research note issued to investors on Thursday. They presently have a GBX 245 ($3.30) price objective on the stock. Peel Hunt’s price target suggests a potential upside of 17.08% from the stock’s current price.
Other equities research analysts have also recently issued research reports about the stock. Canaccord Genuity raised shares of NCC Group PLC to a “buy” rating and boosted their target price for the company from GBX 118 ($1.59) to GBX 265 ($3.57) in a research report on Monday, July 24th. Shore Capital reissued a “hold” rating on shares of NCC Group PLC in a research report on Thursday. Citigroup Inc. reissued a “neutral” rating and issued a GBX 185 ($2.49) target price on shares of NCC Group PLC in a research report on Wednesday, July 19th. Finally, Berenberg Bank cut shares of NCC Group PLC to a “sell” rating and boosted their target price for the company from GBX 115 ($1.55) to GBX 155 ($2.09) in a research report on Monday, July 24th. One analyst has rated the stock with a sell rating, three have assigned a hold rating and three have issued a buy rating to the company. The stock presently has a consensus rating of “Hold” and a consensus target price of GBX 246.43 ($3.32).
NCC Group PLC (NCC) opened at 209.25 on Thursday. The firm’s market cap is GBX 578.16 million. NCC Group PLC has a 52 week low of GBX 87.80 and a 52 week high of GBX 377.30. The stock has a 50 day moving average of GBX 198.09 and a 200-day moving average of GBX 161.52.
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In other NCC Group PLC news, insider Debbie Howard Hewitt bought 6,954 shares of NCC Group PLC stock in a transaction dated Tuesday, July 18th. The stock was bought at an average price of GBX 179 ($2.41) per share, with a total value of £12,447.66 ($16,782.61).
About NCC Group PLC
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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