Barclays restated their overweight rating on shares of Northgate (LON:NTG) in a research note released on Tuesday morning. Barclays currently has a GBX 450 ($5.88) price target on the stock.

Other research analysts also recently issued reports about the company. Peel Hunt reissued a buy rating on shares of Northgate in a research note on Tuesday. Jefferies Financial Group reissued a buy rating and issued a GBX 600 ($7.84) price objective on shares of Northgate in a research note on Tuesday, September 18th. Finally, Numis Securities reissued a buy rating and issued a GBX 510 ($6.66) price objective on shares of Northgate in a research note on Tuesday, September 18th. Five investment analysts have rated the stock with a buy rating, The company has a consensus rating of Buy and an average target price of GBX 527.60 ($6.89).

Shares of NTG traded up GBX 3.80 ($0.05) during midday trading on Tuesday, reaching GBX 383.80 ($5.02). 97,774 shares of the stock were exchanged, compared to its average volume of 413,172. Northgate has a 12-month low of GBX 300 ($3.92) and a 12-month high of GBX 575.50 ($7.52).

The business also recently disclosed a dividend, which will be paid on Friday, January 25th. Investors of record on Thursday, December 13th will be paid a GBX 6.20 ($0.08) dividend. This represents a dividend yield of 1.63%. The ex-dividend date is Thursday, December 13th.

About Northgate

Northgate plc provides light commercial vehicle hire services in the United Kingdom, Spain, and the Republic of Ireland. It also sells used vehicles; supplies other related goods and services; and offers fleet management services. The company operates a fleet of 53,000 vehicles from 77 locations in the United Kingdom; and a fleet of 40,000 vehicles from 24 locations in Spain.

Featured Story: What is Compound Interest?

Analyst Recommendations for Northgate (LON:NTG)

Receive News & Ratings for Northgate Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Northgate and related companies with MarketBeat.com's FREE daily email newsletter.