Northgate (LON:NTG) has earned a consensus rating of “Buy” from the six brokerages that are presently covering the company, MarketBeat.com reports. One investment analyst has rated the stock with a hold rating and five have given a buy rating to the company. The average 1-year price objective among brokerages that have issued a report on the stock in the last year is GBX 518.60 ($7.28).
A number of equities analysts have issued reports on NTG shares. Jefferies Group restated a “buy” rating and issued a GBX 600 ($8.42) price objective on shares of Northgate in a research report on Wednesday, December 13th. Peel Hunt restated a “buy” rating and issued a GBX 575 ($8.07) price objective on shares of Northgate in a research report on Friday, January 5th. Finally, Numis Securities reiterated an “under review” rating on shares of Northgate in a research report on Thursday, February 22nd.
Shares of NTG stock traded up GBX 2.40 ($0.03) during mid-day trading on Thursday, reaching GBX 341.60 ($4.80). The stock had a trading volume of 143,024 shares, compared to its average volume of 413,172. Northgate has a 52-week low of GBX 300 ($4.21) and a 52-week high of GBX 575.50 ($8.08).
ILLEGAL ACTIVITY WARNING: “Brokerages Set Northgate (NTG) PT at $518.60” was first reported by Dispatch Tribunal and is owned by of Dispatch Tribunal. If you are reading this report on another publication, it was stolen and reposted in violation of US and international copyright & trademark laws. The original version of this report can be viewed at https://www.dispatchtribunal.com/2018/04/08/brokerages-set-northgate-ntg-pt-at-518-60.html.
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.
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