Several other research firms also recently commented on NTG. Peel Hunt restated a buy rating and set a GBX 575 ($7.94) price objective on shares of Northgate in a report on Friday, January 5th. Jefferies Group restated a buy rating and set a GBX 600 ($8.29) price objective on shares of Northgate in a report on Wednesday, December 13th. N+1 Singer restated a buy rating and set a GBX 578 ($7.99) price objective on shares of Northgate in a report on Tuesday, December 5th. Berenberg Bank upgraded Northgate to a hold rating and set a GBX 465 ($6.42) price objective on the stock in a report on Thursday, November 2nd. Finally, Barclays restated an overweight rating on shares of Northgate in a report on Wednesday, December 6th. One research analyst has rated the stock with a hold rating and four have given a buy rating to the company’s stock. Northgate has an average rating of Buy and a consensus price target of GBX 543.60 ($7.51).
Shares of Northgate (LON NTG) opened at GBX 329.20 ($4.55) on Thursday. Northgate has a fifty-two week low of GBX 300 ($4.14) and a fifty-two week high of GBX 575.50 ($7.95). The firm has a market capitalization of $434.87 and a P/E ratio of 844.10.
Northgate plc is an investment holding company. The Company is engaged in the light commercial vehicle hire business in the United Kingdom, Ireland and Spain. The Company’s segments include UK, Spain and Corporate. The Company has a national network of approximately 80 branches across the United Kingdom and Ireland with a total fleet size of over 53,000 vehicles.
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