Peel Hunt reissued their add rating on shares of Novae Group Plc (LON:NVA) in a research note issued to investors on Tuesday. They currently have a GBX 850 ($10.34) price target on the stock.

Several other equities research analysts also recently commented on NVA. Shore Capital reissued a hold rating on shares of Novae Group Plc in a report on Wednesday, October 5th. Canaccord Genuity reissued a buy rating and issued a GBX 900 ($10.94) price objective on shares of Novae Group Plc in a report on Monday, October 10th. Numis Securities Ltd raised Novae Group Plc to a buy rating and set a GBX 970 ($11.80) price objective for the company in a report on Thursday, November 17th. Finally, Macquarie reissued an outperform rating and issued a GBX 736 ($8.95) price objective on shares of Novae Group Plc in a report on Friday, December 16th. Three investment analysts have rated the stock with a hold rating and four have issued a buy rating to the company’s stock. The stock currently has a consensus rating of Buy and a consensus price target of GBX 859.20 ($10.45).

Analyst Recommendations for Novae Group Plc (LON:NVA)

Shares of Novae Group Plc (LON:NVA) remained flat at GBX 663.50 during midday trading on Tuesday. 73,503 shares of the company’s stock traded hands. The company’s 50-day moving average is GBX 733.61 and its 200 day moving average is GBX 780.69. Novae Group Plc has a 12 month low of GBX 606.00 and a 12 month high of GBX 903.16. The stock’s market capitalization is GBX 416.67 million.

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In other Novae Group Plc news, insider Matthew K. Fosh purchased 57 shares of the business’s stock in a transaction on Friday, November 4th. The stock was acquired at an average price of GBX 784 ($9.53) per share, with a total value of £446.88 ($543.45). Also, insider Matthew K. Fosh purchased 8,000 shares of the business’s stock in a transaction on Wednesday, December 14th. The shares were acquired at an average cost of GBX 677 ($8.23) per share, with a total value of £54,160 ($65,864.04).

Novae Group Plc Company Profile

Novae Group plc is a United Kingdom-based holding company. The Company is engaged in a diversified property and casualty (re)insurance business. The Company operates in three segments: Property; Casualty, and Marine, Aviation & Political Risk (MAP). The Property segment comprises approximately 10 underwriting units.

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