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Novae Group PLC (LON:NVA) target price held steady at 920.00GBX, reported today by Peel Hunt

Novae Group PLC (LON:NVA) had its estimated target price maintained to 920GBX by Peel Hunt in a report issued 9/13/2016. The target price implies a potential unchanging performance compared to the company’s most recent stock close price.

Previously on 8/5/2016, Macquarie reported about Novae Group PLC(LON:NVA) bumped the target price from 905.00GBX to 907.00GBX that indicated a possible upside of 0.00%.

Having a price of 0.00GBX, Novae Group PLC (LON:NVA) traded 1.68% lower on the day. With the last stock price down 3.63% relative to the 200-day average, compared to the Standard & Poor’s 500 Index which has fallen -0.01% over the same period. NVA has been tracking to a 50-day moving average of 812.32GBX and two hundred day moving average of 820.26GBX. 217,311 shares of the stock traded hands, up from ann average volume of 79,676

Performance Chart:

Novae Group PLC (LON:NVA)

Novae Group PLC has a P/E of 6 with a 52 week low of 726.00GBX and a one-year high of 905.00GBX and has a total market value of 0.0 GBX.

General Company Details For Novae Group PLC (LON:NVA)

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. The Property segment underwrites a diverse mix of risks across the world with a focus on the United States, the United Kingdom and Europe. The Casualty segment insures a range of specialty liability, general liability, and motor and casualty reinsurance risks. It underwrites Casualty reinsurance covering non-proportional treaty reinsurance across a number of classes and territories, and includes a book of motor reinsurance business centered on the United Kingdom market. The MAP segment offers services across both insurance and reinsurance classes. It offers services across marine, and aviation and political risk insurance and reinsurance.

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