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Shore Capital reiterated Novae Group PLC (LON:NVA) to Buy in a statement released earlier today.

Shore Capital has reiterated Novae Group PLC (LON:NVA) to Buy in a report released on 07/06/2017.

Previously on Monday July 03, 2017, Peel Hunt reported about Novae Group PLC (LON:NVA) held steady the target price at 665.00GBX. At the time, this indicated a possible upside of 0.17%.

Yesterday Novae Group PLC (LON:NVA) traded -0.07% lower at 701.25GBX. The company’s 50-day moving average is 674.00GBX and its 200-day moving average is 625.59GBX. The last stock close price is up 11.34% from the 200-day moving average, compared to the S&P 500 which has increased 0.05% over the same time. 86,776 shares of the stock were exchanged, down from an average trading volume of 668,667

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Novae Group PLC (LON:NVA)

Novae Group PLC has a 52 week low of 490.32GBX and a 52 week high of 850.00GBX The company’s market cap is currently 0 GBX.

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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