Jefferies Group reiterated their hold rating on shares of Northgate (LON:NTG) in a research note released on Tuesday morning, StockRatingsNetwork.com reports. They currently have a GBX 385 ($6.30) target price on the stock.
Several other analysts have also recently commented on the stock. Analysts at Goldman Sachs Group Inc. raised their price target on shares of Northgate from GBX 370 ($6.06) to GBX 500 ($8.19) in a research note to investors on Tuesday, October 15th. They now have a neutral rating on the stock. Separately, analysts at Numis Securities Ltd raised their price target on shares of Northgate from GBX 400 ($6.55) to GBX 466 ($7.63) in a research note to investors on Thursday, September 19th. They now have an add rating on the stock. Finally, analysts at Nplus1 Brewin reiterated a buy rating on shares of Northgate in a research note to investors on Thursday, September 19th. They now have a GBX 450 ($7.37) price target on the stock. One analyst has rated the stock with a sell rating, two have assigned a hold rating and six have issued a buy rating to the company’s stock. Northgate currently has an average rating of Buy and an average price target of GBX 385.63 ($6.31).
Shares of Northgate (LON:NTG) traded up 1.10% during mid-day trading on Tuesday, hitting GBX 434.75. 135,017 shares of the company’s stock traded hands. Northgate has a 52-week low of GBX 248.00 and a 52-week high of GBX 459.00. The stock has a 50-day moving average of GBX 434.3 and a 200-day moving average of GBX 390.9. The company’s market cap is £578.7 million.
The company also recently declared a dividend, which is scheduled for Friday, January 10th. Stockholders of record on Wednesday, December 11th will be given a dividend of $3.20 per share. This represents a yield of 0.74%. The ex-dividend date of this dividend is Wednesday, December 11th.
Northgate plc is an investment holding company. The Company is engaged in light commercial vehicle hire business in United Kingdom and Spain.
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