Peel Hunt announced Novae Group PLC (LON:NVA), supporting its price target at 920.00GBX earlier today
- Updated: October 8, 2016
Yesterday Novae Group PLC (LON:NVA) traded -0.67% lower at 811.75GBX. NVA’s 50-day average is 799.09GBX and its two hundred day average is 814.16GBX. With the last stock price close down -0.57% relative to the two hundred day average, compared with the S&P 500 Index which has decreased -0.01% over the same time. 400,501 shares of the stock were exchanged, up from an average trading volume of 108,455
Reporting a potential upside of 0.13%, Peel Hunt hold steady the price target of Novae Group PLC (LON:NVA) at 920.00GBX
See Chart Below
Novae Group PLC has a 52 week low of 726.00GBX and a 52 week high of 903.34GBX with a P/E ratio of 5.73 Novae Group PLC’s market capitalization is presently 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, aviation and political risk insurance and reinsurance.
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