Northgate (LON:NTG)‘s stock had its “buy” rating reiterated by analysts at Peel Hunt in a research report issued to clients and investors on Tuesday, ThisIsMoney.Co.Uk reports.
NTG has been the subject of a number of other research reports. Numis Securities reaffirmed a “buy” rating on shares of Northgate in a research report on Friday, June 14th. Barclays lowered their price target on Northgate from GBX 450 ($5.88) to GBX 410 ($5.36) and set an “overweight” rating for the company in a research report on Wednesday, May 15th. One investment analyst has rated the stock with a hold rating and four have given a buy rating to the company’s stock. The company presently has an average rating of “Buy” and a consensus target price of GBX 473 ($6.18).
Shares of NTG opened at GBX 328.90 ($4.30) on Tuesday. The stock’s 50-day moving average price is GBX 338.03. Northgate has a one year low of GBX 300 ($3.92) and a one year high of GBX 447.60 ($5.85). The company has a current ratio of 1.06, a quick ratio of 0.83 and a debt-to-equity ratio of 84.03. The firm has a market cap of $456.87 million and a PE ratio of 8.70.
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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