Peel Hunt recorded Novae Group PLC (LON:NVA), sustaining its price target at 920.00GBX earlier today
- Updated: September 19, 2016
Peel Hunt held the target stock price of Novae Group PLC (LON:NVA) at 920GBX, reporting a possible upside of 0.16%.
Previously on 8/01/2016, Peel Hunt reported about Novae Group PLC(LON:NVA) dropped the target price from 950.00GBX to 920.00GBX. At the time, this indicated a possible upside of 0.13%.
Displaying a price of 793.50GBX, Novae Group PLC (LON:NVA) traded 1.14% higher on the day. With the last close down 2.58% relative to the two hundred day moving average, compared with the S&P 500 which has decreased -0.01% over the date range. The company has registered a 50-day moving average of 812.13GBX and 200-day moving average of 820.71GBX. Trade volume was was down over the average, with 18,729 shares of NVA changing hands under the typical 79,649 shares.
Recent Performance Chart:
With a market cap of 0.0 GBX, Novae Group PLC has a one-year low of 726.00GBX and a one-year high of 903.34GBX with a PE ratio of 6.
More About 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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