Peel Hunt Limited announced Novae Group (LON:NVA), bumping up its stock price target to 920.00GBX today
- Updated: September 18, 2016
Stating a possible upside of 0.16%, Peel Hunt Limited upped the target price of Novae Group (LON:NVA) to 920GBX.
Previously on 8/01/2016, Peel Hunt released a statement for Novae Group(LON:NVA) lowered the target price from 950.00GBX to 920.00GBX. At the time, this suggested an upside of 0.13%.
Yesterday Novae Group (LON:NVA) traded 1.68% lower at 795.50GBX. The company’s 50-day average is 812.32GBX and its 200-day average is 820.26GBX. The last stock price close is down 3.63% from the 200-day average, compared with the S&P 500 Index which has decreased -0.01% over the same period. Trade volume was was up over the average, with 217,311 shares of NVA changing hands over the typical 79,676 shares..
Novae Group has a one-year low of 726.00GBX and a one-year high of 905.00GBX with a P/E ratio of 6 and has a total market value of 0.0 GBX.
Brief Synopsis About Novae Group (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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