Northgate (NTG) Earns Buy Rating from Numis Securities

Numis Securities reaffirmed their buy rating on shares of Northgate (LON:NTG) in a report released on Tuesday. They currently have a GBX 450 ($6.10) price objective on the stock.

Separately, Peel Hunt restated a buy rating and set a GBX 500 ($6.78) price objective on shares of Northgate in a research report on Thursday, March 22nd. One equities research analyst has rated the stock with a hold rating and five have given a buy rating to the company’s stock. The company presently has an average rating of Buy and a consensus target price of GBX 518.60 ($7.03).

Shares of NTG stock opened at GBX 416 ($5.64) on Tuesday. Northgate has a twelve month low of GBX 300 ($4.07) and a twelve month high of GBX 575.50 ($7.81).

Northgate Company Profile

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.

Analyst Recommendations for Northgate (LON:NTG)

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