Canaccord Genuity reaffirmed their buy rating on shares of Novae Group Plc (LON:NVA) in a research note released on Monday morning. Canaccord Genuity currently has a GBX 900 ($11.14) price objective on the stock.
NVA has been the subject of several other research reports. Peel Hunt restated an add rating and issued a GBX 920 ($11.39) price target on shares of Novae Group Plc in a report on Thursday, September 22nd. Macquarie boosted their price target on shares of Novae Group Plc from GBX 905 ($11.20) to GBX 907 ($11.23) and gave the company an outperform rating in a report on Friday, August 5th. Finally, Shore Capital reiterated a hold rating on shares of Novae Group Plc in a research note on Wednesday, October 5th. Four analysts have rated the stock with a hold rating and four have assigned a buy rating to the stock. The stock currently has a consensus rating of Buy and an average price target of GBX 903.14 ($11.18).
Novae Group Plc (LON:NVA) opened at 808.50 on Monday. Novae Group Plc has a 52-week low of GBX 726.00 and a 52-week high of GBX 903.34. The firm has a 50-day moving average of GBX 797.17 and a 200 day moving average of GBX 812.09. The company’s market capitalization is GBX 507.73 million.
The business also recently declared a dividend, which was paid on Monday, October 3rd. Shareholders of record on Thursday, September 1st were paid a dividend of GBX 7.50 ($0.09) per share. The ex-dividend date was Thursday, September 1st. This represents a yield of 0.95%.
In related news, insider Fosh,Matthew K purchased 57 shares of the business’s stock in a transaction on Wednesday, August 3rd. The shares were acquired at an average price of GBX 795 ($9.84) per share, for a total transaction of £453.15 ($560.83). Also, insider Reeken Patel purchased 60 shares of the business’s stock in a transaction on Monday, October 3rd. The shares were bought at an average price of GBX 768 ($9.50) per share, for a total transaction of £460.80 ($570.30).