NN Group (OTCMKTS:NNGRY) Stock Rating Upgraded by HSBC

NN Group (OTCMKTS:NNGRY – Get Rating) was upgraded by analysts at HSBC from a “hold” rating to a “buy” rating in a research report issued on Friday, The Fly reports.

Other research analysts have also recently issued reports about the company. Bank of America started coverage on NN Group in a research report on Tuesday, April 4th. They set a “buy” rating for the company. Berenberg Bank upgraded NN Group from a “hold” rating to a “buy” rating in a report on Monday, April 17th. Three equities research analysts have rated the stock with a hold rating and five have assigned a buy rating to the stock. Based on data from MarketBeat, NN Group currently has a consensus rating of “Moderate Buy” and an average target price of $50.92.

NN Group Stock Down 1.3 %

NNGRY stock opened at $18.47 on Friday. The business has a 50-day moving average of $18.42 and a 200-day moving average of $20.21. NN Group has a fifty-two week low of $17.13 and a fifty-two week high of $25.21.

About NN Group

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NN Group NV engages in the provision of financial services. It operates through the following segments: Netherlands Life, Netherlands Non-Life, Insurance Europe, Japan Life, Banking, and Others. The Netherlands Life segment offers a range of group life and individual life insurance products. The Netherlands Non-Life segment covers non-life insurance products such as disability and accident, fire, motor, and transport.