Northgate (NTG) Earns “Buy” Rating from Peel Hunt

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Peel Hunt reiterated their buy rating on shares of Northgate (LON:NTG) in a report issued on Tuesday morning.

Other research analysts have also recently issued research reports about the company. Berenberg Bank reaffirmed a hold rating and set a GBX 395 ($5.16) price target on shares of Northgate in a research report on Wednesday, March 6th. Barclays reaffirmed an overweight rating and set a GBX 450 ($5.88) price target on shares of Northgate in a research report on Tuesday, December 4th. One equities research analyst has rated the stock with a hold rating and four have issued a buy rating to the company. The company currently has a consensus rating of Buy and an average price target of GBX 491 ($6.42).

Shares of LON NTG opened at GBX 381 ($4.98) on Tuesday. Northgate has a one year low of GBX 306.40 ($4.00) and a one year high of GBX 449.80 ($5.88). The company has a debt-to-equity ratio of 96.34, a quick ratio of 0.84 and a current ratio of 1.00. The firm has a market cap of $497.26 million and a PE ratio of 12.25.

About Northgate

Northgate plc provides light commercial vehicle hire services in the United Kingdom, Spain, and the Republic of Ireland. It also sells used vehicles; supplies other related goods and services; and offers fleet management services. The company operates a fleet of 52,900 vehicles in the United Kingdom; and a fleet of 48,000 vehicles in Spain.

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Analyst Recommendations for Northgate (LON:NTG)

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