NN Group (OTCMKTS:NNGRY) Reaches New 1-Year High – Should You Buy?

NN Group NV Unsponsored ADR (OTCMKTS:NNGRY)’s share price hit a new 52-week high on Wednesday . The stock traded as high as $37.17 and last traded at $36.97, with a volume of 19877 shares. The stock had previously closed at $36.63.

Wall Street Analyst Weigh In

Several research analysts recently issued reports on NNGRY shares. Keefe, Bruyette & Woods raised NN Group from a “hold” rating to a “moderate buy” rating in a research report on Monday, November 10th. The Goldman Sachs Group reissued a “buy” rating on shares of NN Group in a research note on Monday, December 1st. Zacks Research upgraded NN Group to a “hold” rating in a research report on Tuesday, August 12th. Finally, UBS Group cut NN Group from a “strong-buy” rating to a “hold” rating in a report on Tuesday, August 12th. Two research analysts have rated the stock with a Buy rating, five have given a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat, the stock currently has a consensus rating of “Hold”.

NN Group Trading Up 0.9%

The business has a fifty day simple moving average of $35.16 and a 200-day simple moving average of $34.23.

NN Group Company Profile

NN Group N.V., a financial services company, provides life and non-life insurance products in the Netherlands and internationally. The company operates through Netherlands Life, Netherlands Non-life, Insurance Europe, Japan Life, Banking, and Other segments. It offers Life insurance products, such as group and individual pension products, retail life insurance, and SME life insurance products; and non-life insurance products, including motor, fire, liability, transport, travel, health, property and casualty, and disability and accident insurance products.