Peel Hunt Reiterates Buy Rating for NCC Group (NCC)

NCC Group (LON:NCC)‘s stock had its “buy” rating reiterated by stock analysts at Peel Hunt in a report released on Friday.

A number of other research analysts also recently issued reports on the stock. Shore Capital restated a “buy” rating on shares of NCC Group in a research report on Wednesday, September 26th. Canaccord Genuity reaffirmed a “buy” rating and issued a GBX 265 ($3.46) price objective on shares of NCC Group in a report on Friday, July 27th. Finally, Berenberg Bank raised shares of NCC Group to a “buy” rating and lifted their price objective for the company from GBX 195 ($2.55) to GBX 260 ($3.40) in a report on Friday, July 27th.

LON NCC opened at GBX 198.20 ($2.59) on Friday. NCC Group has a 1 year low of GBX 109.75 ($1.43) and a 1 year high of GBX 239.25 ($3.13).

In other news, insider Jennifer Duvalier acquired 9,500 shares of the business’s stock in a transaction on Monday, October 1st. The stock was bought at an average price of GBX 202 ($2.64) per share, with a total value of £19,190 ($25,075.13).

NCC Group Company Profile

NCC Group plc provides cyber security and risk mitigation services in the United Kingdom, the United States, Europe, and internationally. The company operates through two segments, Escrow and Assurance. It offers software escrow solutions that include escrow agreements, software verification, secure verification, software as a service assured, Internet corporation for assigned names and numbers compliance, and software risk assessment solutions.

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