Northgate plc (NTG) Receives Average Rating of “Buy” from Brokerages

Shares of Northgate plc (LON:NTG) have been given a consensus rating of “Buy” by the six ratings firms that are presently covering the stock, MarketBeat Ratings reports. One analyst has rated the stock with a hold rating and five have given a buy rating to the company. The average 12-month price target among analysts that have issued ratings on the stock in the last year is GBX 523.25 ($7.02).

NTG has been the subject of several research reports. Peel Hunt reissued a “buy” rating and issued a GBX 500 ($6.71) target price on shares of Northgate in a research report on Thursday, March 22nd. Numis Securities reissued an “under review” rating on shares of Northgate in a research report on Thursday, February 22nd.

Shares of Northgate opened at GBX 422 ($5.66) on Friday, MarketBeat Ratings reports. Northgate has a 52-week low of GBX 300 ($4.03) and a 52-week high of GBX 575.50 ($7.72).

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.

Analyst Recommendations for Northgate (LON:NTG)

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