Peel Hunt restated their buy rating on shares of Northgate (LON:NTG) in a research note issued to investors on Tuesday morning.
Several other research analysts also recently commented on the company. Jefferies Financial Group reissued a buy rating and set a GBX 600 ($7.84) target price on shares of Northgate in a research note on Tuesday, September 18th. Numis Securities reissued a buy rating and set a GBX 510 ($6.66) target price on shares of Northgate in a research note on Tuesday, September 18th.
Shares of LON NTG opened at GBX 391.60 ($5.12) on Tuesday. Northgate has a 12 month low of GBX 300 ($3.92) and a 12 month high of GBX 575.50 ($7.52).
The firm also recently announced a dividend, which will be paid on Friday, January 25th. Shareholders of record on Thursday, December 13th will be paid a dividend of GBX 6.20 ($0.08) per share. This represents a yield of 1.63%. The ex-dividend date is Thursday, December 13th.
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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