Peel Hunt reported on Novae Group PLC (LON:NVA), maintaining its target price at 920.00GBX earlier today
- Updated: September 24, 2016
Having a price of 783.00GBX, Novae Group PLC (LON:NVA) traded -3.87% lower on the day. With the last close down -9.05% from the two hundred day average, compared with the S&P 500 Index which has decreased -0.01% over the same period. NVA has recorded a 50-day moving average of 808.36GBX and a 200-day moving average of 819.15GBX. 487,490 shares of NVA traded hands, up from an average trading volume of 83,841
Peel Hunt hold steady the target of Novae Group PLC (LON:NVA) at 920.00GBX indicating a possible upside of 0.17%.
Previously on 9/15/2016, Peel Hunt released a statement about Novae Group PLC (LON:NVA) maintained the target price at 920.00GBX that suggested an upside of 0.14%.
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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 5.27 The company’s market cap is currently 0 GBX.
General Information 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, aviation and political risk insurance and reinsurance.
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