NN Group NV Unsponsored ADR (OTCMKTS:NNGRY) Given Consensus Recommendation of “Hold” by Brokerages

NN Group NV Unsponsored ADR (OTCMKTS:NNGRY) has been given a consensus rating of “Hold” by the eight brokerages that are currently covering the stock, MarketBeat.com reports. One investment analyst has rated the stock with a sell rating, five have issued a hold rating and two have assigned a buy rating to the company.

A number of research analysts have commented on NNGRY shares. Keefe, Bruyette & Woods upgraded NN Group from a “hold” rating to a “moderate buy” rating in a research note on Monday, November 10th. The Goldman Sachs Group reiterated a “buy” rating on shares of NN Group in a report on Monday, December 1st.

NN Group Stock Performance

Shares of NNGRY stock opened at $40.64 on Tuesday. The firm’s 50 day moving average price is $38.33 and its 200-day moving average price is $36.02. NN Group has a one year low of $22.79 and a one year high of $40.64.

NN Group Company Profile

NN Group N.V. (OTCMKTS:NNGRY) is a Dutch insurance and asset management company that provides a range of life and non-life insurance products, pension and retirement solutions, and investment management services. Its product offering typically includes individual and group life insurance, annuities, disability and health-related coverages, property & casualty insurance, and savings and retirement planning products aimed at both retail and corporate clients. The company also manages assets on behalf of its insurance operations and third-party institutional and individual investors.

NN Group traces its corporate structure to the Dutch insurer Nationale-Nederlanden and was established as a separate, publicly listed company following a demerger from ING Group in the mid-2010s.