NN Group (OTCMKTS:NNGRY) Upgraded to Strong-Buy at Zacks Research

NN Group (OTCMKTS:NNGRY) was upgraded by investment analysts at Zacks Research from a “hold” rating to a “strong-buy” rating in a note issued to investors on Wednesday,Zacks.com reports.

Several other brokerages have also recently issued reports on NNGRY. 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 reaffirmed a “buy” rating on shares of NN Group in a report on Monday, December 1st. One research analyst has rated the stock with a Strong Buy rating, two have issued a Buy rating, four have issued a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat, NN Group currently has an average rating of “Hold”.

NN Group Price Performance

NNGRY opened at $40.57 on Wednesday. The firm has a 50 day moving average price of $39.06 and a 200-day moving average price of $36.43. NN Group has a twelve month low of $24.07 and a twelve month high of $42.74.

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.