NVA has been the topic of several other research reports. Canaccord Genuity lowered their price objective on shares of Novae Group Plc from GBX 940 ($12.27) to GBX 900 ($11.75) and set a buy rating on the stock in a report on Wednesday, August 3rd. Macquarie upped their target price on shares of Novae Group Plc from GBX 905 ($11.81) to GBX 907 ($11.84) and gave the stock an outperform rating in a research note on Friday, August 5th. Four analysts have rated the stock with a hold rating and four have issued a buy rating to the company. The company has an average rating of Buy and an average target price of GBX 903.14 ($11.79).
Shares of Novae Group Plc (LON:NVA) traded up 4.61% during mid-day trading on Monday, reaching GBX 817.00. 126,531 shares of the company’s stock traded hands. The company’s market cap is GBX 513.07 million. The firm has a 50-day moving average of GBX 800.12 and a 200 day moving average of GBX 815.44. Novae Group Plc has a 12-month low of GBX 726.00 and a 12-month high of GBX 903.34.
The business also recently declared a dividend, which was paid on Monday, October 3rd. Investors of record on Thursday, September 1st were given a dividend of GBX 7.50 ($0.10) per share. The ex-dividend date of this dividend was Thursday, September 1st. This represents a yield of 0.95%.
In other Novae Group Plc news, insider Reeken Patel acquired 60 shares of the company’s stock in a transaction on Monday, October 3rd. The shares were acquired at an average cost of GBX 768 ($10.02) per share, with a total value of £460.80 ($601.49). Also, insider Fry,Charles acquired 57 shares of the company’s stock in a transaction on Monday, September 5th. The shares were acquired at an average cost of GBX 813 ($10.61) per share, for a total transaction of £463.41 ($604.89).
About Novae Group Plc
Novae Group plc is a United Kingdom-based holding company. The Company is engaged in a diversified property and casualty (re)insurance business. The Company operates in three segments: Property; Casualty, and Marine, Aviation & Political Risk (MAP). The Property segment comprises approximately 10 underwriting units.
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