NCC Group PLC’s (NCC) Hold Rating Reiterated at N+1 Singer
Several other research firms have also recently commented on NCC. Peel Hunt restated a buy rating and issued a GBX 245 ($3.30) target price on shares of NCC Group PLC in a research report on Thursday. Shore Capital reiterated a hold rating on shares of NCC Group PLC in a research report on Thursday. Berenberg Bank cut NCC Group PLC to a sell rating and lifted their price target for the company from GBX 115 ($1.55) to GBX 155 ($2.09) in a research report on Monday, July 24th. Canaccord Genuity upgraded NCC Group PLC to a buy rating and lifted their price target for the company from GBX 118 ($1.59) to GBX 265 ($3.57) in a research report on Monday, July 24th. Finally, Citigroup Inc. reiterated a neutral rating and set a GBX 185 ($2.49) price target on shares of NCC Group PLC in a research report on Wednesday, July 19th. One equities research analyst has rated the stock with a sell rating, three have issued a hold rating and three have issued a buy rating to the stock. NCC Group PLC currently has a consensus rating of Hold and a consensus price target of GBX 246.43 ($3.32).
Shares of NCC Group PLC (LON:NCC) opened at 209.25 on Thursday. The firm’s 50-day moving average price is GBX 198.09 and its 200-day moving average price is GBX 161.52. NCC Group PLC has a 52-week low of GBX 87.80 and a 52-week high of GBX 377.30. The stock’s market capitalization is GBX 578.16 million.
The company also recently declared a dividend, which will be paid on Friday, September 29th. Stockholders of record on Thursday, August 31st will be given a dividend of GBX 3.15 ($0.04) per share. The ex-dividend date is Thursday, August 31st. This is a boost from NCC Group PLC’s previous dividend of $1.50. This represents a dividend yield of 1.7%.
In other news, insider Debbie Howard Hewitt purchased 6,954 shares of the stock in a transaction dated Tuesday, July 18th. The shares were bought at an average cost of GBX 179 ($2.41) per share, for a total transaction 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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