N+1 Singer reiterated their buy rating on shares of Northgate (LON:NTG) in a report published on Tuesday morning. N+1 Singer currently has a GBX 578 ($7.78) target price on the stock.
Other equities analysts have also issued research reports about the company. Numis Securities restated a buy rating and set a GBX 575 ($7.74) price target (down previously from GBX 600 ($8.08)) on shares of Northgate in a research note on Tuesday, September 19th. Jefferies Group restated a buy rating and set a GBX 600 ($8.08) price target on shares of Northgate in a research note on Thursday, October 5th. Peel Hunt restated a buy rating and set a GBX 575 ($7.74) price target on shares of Northgate in a research note on Friday, September 8th. Finally, Berenberg Bank upgraded Northgate to a hold rating and set a GBX 465 ($6.26) price target on the stock in a research note on Thursday, November 2nd. One research analyst has rated the stock with a hold rating and five have given a buy rating to the company. Northgate currently has an average rating of Buy and an average target price of GBX 565.50 ($7.61).
Northgate (NTG) opened at GBX 398.91 ($5.37) on Tuesday. Northgate has a 52 week low of GBX 382.25 ($5.14) and a 52 week high of GBX 575.50 ($7.75).
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Northgate plc is an investment holding company. The Company is engaged in the light commercial vehicle hire business in the United Kingdom, Ireland and Spain. The Company’s segments include UK, Spain and Corporate. The Company has a national network of approximately 80 branches across the United Kingdom and Ireland with a total fleet size of over 53,000 vehicles.
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