Northgate (LON:NTG) Stock Rating Reaffirmed by HSBC

Northgate (LON:NTG)‘s stock had its “hold” rating reiterated by analysts at HSBC in a note issued to investors on Monday, Stock Target Advisor reports.

Separately, Peel Hunt reissued a “buy” rating on shares of Northgate in a report on Tuesday, December 3rd. Two research analysts have rated the stock with a hold rating and three have given a buy rating to the stock. Northgate has a consensus rating of “Buy” and an average price target of GBX 418.33 ($5.50).

NTG stock opened at GBX 298 ($3.92) on Monday. Northgate has a fifty-two week low of GBX 284 ($3.74) and a fifty-two week high of GBX 415 ($5.46). The business’s 50-day moving average is GBX 312.19 and its two-hundred day moving average is GBX 327.94. The company has a debt-to-equity ratio of 96.53, a quick ratio of 0.78 and a current ratio of 1.00. The company has a market cap of $397.03 million and a price-to-earnings ratio of 8.39.

Northgate Company Profile

Northgate plc provides light commercial vehicle hire services in the United Kingdom, Spain, and the Republic of Ireland. It also sells used vehicles; supplies other related goods and services; and offers fleet management services. The company operates a fleet of 52,900 vehicles in the United Kingdom; and a fleet of 48,000 vehicles in Spain.

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Analyst Recommendations for Northgate (LON:NTG)

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