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Peel Hunt announced Northgate PLC (LON:NTG), upholding its stock price target at 450.00GBX today

Just yesterday Northgate PLC (LON:NTG) traded 0.00% even at 428.13GBX. Northgate PLC’s 50-day moving average is 414.96GBX and its 200-day moving average is 391.86GBX. The last stock price is up 8.97% from the 200-day moving average, compared to the Standard & Poor's 500 Index which has decreased -0.01% over the same time period. 232,153 shares of NTG traded hands, down from an average trading volume of 425,172

In a report released on Wednesday September 21, 2016 Peel Hunt hold steady the stock price target of Northgate PLC (LON:NTG) from 450.00GBX to 450.00GBX reporting a possible upside of 0.05%.

Previously on 8/1/2016, numis released a statement about Northgate PLC (LON:NTG) increased the target price from 0.00GBX to 500.00GBX. At the time, this indicated a possible upside of 0.33%.

Recent Performance Chart

Northgate PLC (LON:NTG)

Northgate PLC has 52 week low of 305.00GBX and a 52 week high of 473.70GBX with a PE ratio of 9.38 and has a market capitalization of 0 GBX.

In addition to Peel Hunt reporting its stock price target, a total of 8 brokerages have issued a ratings update on the company. The average stock price target is 481.63GBX with 5 brokerages rating the stock a strong buy, 2 brokerages rating the stock a buy, 1 brokerage rating the stock a hold, 0 brokerages rating the stock a underperform, and finally 0 brokerages rating the stock a sell.

Brief Synopsis On 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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