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N+1 Singer disclosed Northgate PLC (LON:NTG), maintaining its target price at 638.00GBX today

Northgate PLC (LON:NTG) had its target hold steady to 638.00GBX by N+1 Singer in an issued report issued 02/09/2017. The updated price target implies a potential upside of 0.19% from the company's most recent stock price.

Previously on Friday February 03, 2017, Barclays Capital released a statement about Northgate PLC (LON:NTG) increased the target price from 430.00GBX to 600.00GBX. At the time, this indicated a possible upside of 0%.

Just yesterday Northgate PLC (LON:NTG) traded 0.84% higher at 535.00GBX. The company’s 50-day moving average is 512.70GBX and its 200-day moving average is 445.60GBX. The last closing price is up 21.07% relative to the two hundred day average, compared with the S&P 500 Index which has increased 0.06% over the same time. 147,610 shares of the stock were exchanged, down from an average trading volume of 210,505

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Northgate PLC (LON:NTG)

Northgate PLC has a 52 week low of 305.00GBX and a 52 week high of 548.00GBX with a P/E ratio of 11.83 The company’s market cap is currently 0 GBX.

In addition to N+1 Singer reporting its target price, a total of 8 firms have reported on the stock. The consensus target price is 481.63GBX with 5 firms rating the stock a strong buy, 2 firms rating the stock a buy, 1 firm rating the stock a hold, 0 firms rating the stock a underperform, and finally 0 firms rating the stock a sell.

About Northgate PLC (LON:NTG)

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. In Spain, the Company has approximately 20 locations and a fleet of over 40,000 vehicles. The Company's fleet includes medium vans, small vans, large commercial vehicles, cars, buses and other vehicles. The Company serves customers from a range of industries, including construction, transport, commerce and support services. The Company also serves sectors, such as local authorities, manufacturing and engineering, public utilities, retailers and wholesalers. The Company's subsidiaries include Northgate (Europe) Limited, Northgate Vehicle Hire Limited and Northgate (AVR) Limited.

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