Novae Group Plc (LON:NVA) insider Reeken Patel purchased 60 shares of the business’s stock in a transaction on Monday, October 3rd. The shares were acquired at an average price of GBX 768 ($10.02) per share, for a total transaction of £460.80 ($601.49).
Novae Group Plc (LON:NVA) opened at 802.50 on Thursday. The company has a 50-day moving average price of GBX 799.35 and a 200-day moving average price of GBX 814.23. Novae Group Plc has a one year low of GBX 726.00 and a one year high of GBX 903.34. The firm’s market capitalization is GBX 503.96 million.
The company also recently disclosed a dividend, which was paid on Monday, October 3rd. Stockholders of record on Thursday, September 1st were issued a GBX 7.50 ($0.10) dividend. The ex-dividend date was Thursday, September 1st. This represents a dividend yield of 0.95%.
A number of equities analysts have recently commented on the company. Canaccord Genuity reissued a “buy” rating and set a GBX 940 ($12.27) price objective on shares of Novae Group Plc in a research report on Thursday, June 16th. Peel Hunt reissued an “add” rating and set a GBX 950 ($12.40) price objective on shares of Novae Group Plc in a research report on Friday, June 24th. Macquarie boosted their price objective on Novae Group Plc from GBX 905 ($11.81) to GBX 907 ($11.84) and gave the stock an “outperform” rating in a research report on Friday, August 5th. Finally, Shore Capital reissued a “hold” rating on shares of Novae Group Plc in a research report on Wednesday. Four analysts have rated the stock with a hold rating and four have assigned a buy rating to the stock. Novae Group Plc currently has a consensus rating of “Buy” and a consensus target price of GBX 903.14 ($11.79).
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.
Receive News & Ratings for Novae Group Plc Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Novae Group Plc and related companies with MarketBeat.com's FREE daily email newsletter.