Buy rating was Maintained at Numis. Northgate (LON:NTG) Has Given Price Objective Of GBX 450.00.

June 27, 2018 - By Sarah Harris

Northgate plc (LON:NTG) Corporate Logo

Big Money Sentiment decreased to 0.85 in 2018 Q1. It has change of 0.27, from 2017Q4’s 1.12. The ratio turned negative due to Northgate plc positioning: 16 sold and 23 reduced. 17 funds bought stakes and 16 increased stakes. Investors holded 9.41 million in 2017Q4 but now own 8.88 million shares or 5.64% less.

Morgan Stanley reported 1.97 million shs or 0.01% of all its holdings. 110,685 were reported by Rivernorth Capital Management Lc. Northwestern Mutual Wealth Management reported 876 shs stake. 78,075 are held by Sterling Lc. Davenport And Co Limited Liability Corp reported 0% of its capital in Northgate plc (LON:NTG). Raymond James Finance Serv Advisors owns 206,511 shs. Moreover, Cohen And Steers has 0.01% invested in Northgate plc (LON:NTG). Regions Fincl Corp has 0% invested in Northgate plc (LON:NTG) for 3,458 shs. Burt Wealth Advsr invested in 257 shs or 0% of the stock. Hightower Advisors Ltd Liability Company holds 0% of its capital in Northgate plc (LON:NTG) for 18,008 shs. Moreover, Allen Mngmt Llc has 0.18% invested in Northgate plc (LON:NTG). Invesco reported 0% stake. M&T Natl Bank Corp owns 10,440 shs. Moreover, Glenmede Trust Company Na has 0% invested in Northgate plc (LON:NTG) for 600 shs. Asset Mngmt Inc stated it has 490,809 shs.

Reiterated Northgate (LON:NTG) Rating.

After Numis’s GBX 450.00 target price per share was published on 26 June, Northgate (LON:NTG) gives 9.38 % upside potential.

Northgate plc (LON:NTG) Ratings Coverage

Total analysts of 2 have positions in Northgate PLC (LON:NTG) as follows: 2 rated it a “Buy”, 0 with “Sell” and 0 with “Hold”. The positive are 100%. Since January 5, 2018 according to StockzIntelligence Inc Northgate PLC has 11 analyst reports. On Thursday, March 22 Numis Securities maintained the shares of NTG in report with “Buy” rating. The stock rating was maintained by Peel Hunt with “Buy” on Thursday, March 22. On Tuesday, May 15 the firm earned “Buy” rating by Numis Securities. On Tuesday, June 26 the rating was maintained by Numis Securities with “Buy”. The company rating was maintained by Peel Hunt on Friday, January 5. On Tuesday, June 26 the stock of Northgate plc (LON:NTG) earned “Buy” rating by Peel Hunt. In Monday, March 5 report Numis Securities reinitiated it with “Buy” rating and GBX 450 target. On Tuesday, May 15 the stock of Northgate plc (LON:NTG) earned “Buy” rating by Peel Hunt. On Friday, February 23 Peel Hunt maintained Northgate plc (LON:NTG) rating. Peel Hunt has “Buy” rating and GBX 500 target. On Tuesday, January 23 Peel Hunt maintained Northgate plc (LON:NTG) with “Buy” rating.

The stock decreased 3.41% or GBX 14 during the last trading session, hitting GBX 396.8.Northgate plc has volume of 34,255 shares. Since June 27, 2017 NTG has 0.00% and is . NTG underperformed the S&P500 by 12.57%.

Northgate plc provides light commercial vehicle hire services in the United Kingdom, Spain, and the Republic of Ireland.The firm is valued at 523.99 million GBP. It also sells used vehicles; supplies other related goods and services; and offers fleet management services.10.2 is the P/E ratio. The firm operates a fleet of 53,000 vehicles from 77 locations in the United Kingdom; and a fleet of 40,000 vehicles from 24 locations in Spain.

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