Peel Hunt Reiterates Buy Rating for NCC Group (NCC)
NCC Group (LON:NCC)‘s stock had its “buy” rating reaffirmed by analysts at Peel Hunt in a note issued to investors on Wednesday. They currently have a GBX 275 ($3.68) target price on the stock. Peel Hunt’s price objective would indicate a potential upside of 21.77% from the stock’s previous close.
A number of other brokerages have also commented on NCC. Shore Capital restated a “hold” rating on shares of NCC Group in a research note on Thursday, September 21st. Canaccord Genuity restated a “buy” rating and set a GBX 265 ($3.54) price target on shares of NCC Group in a research note on Thursday, September 21st. Finally, N+1 Singer restated a “hold” rating and set a GBX 215 ($2.87) price target on shares of NCC Group in a research note on Thursday, September 21st. One investment analyst has rated the stock with a sell rating, three have issued a hold rating and two have given a buy rating to the company’s stock. The company has an average rating of “Hold” and a consensus price target of GBX 219 ($2.93).
Shares of NCC Group (LON NCC) opened at GBX 225.83 ($3.02) on Wednesday. The company has a market cap of $635.16 and a price-to-earnings ratio of -1,129.16. NCC Group has a one year low of GBX 87.80 ($1.17) and a one year high of GBX 239.25 ($3.20).
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About NCC Group
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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