NCC Group (LON:NCC) Given New GBX 220 Price Target at Peel Hunt

NCC Group (LON:NCC) had its price objective trimmed by Peel Hunt from GBX 275 ($3.62) to GBX 220 ($2.89) in a research report released on Monday, Stock Target Advisor reports. The firm currently has a buy rating on the stock.

A number of other research analysts have also recently commented on the stock. Jefferies Financial Group increased their target price on shares of NCC Group from GBX 242 ($3.18) to GBX 255 ($3.35) and gave the stock a buy rating in a report on Thursday, January 23rd. Shore Capital reaffirmed a buy rating on shares of NCC Group in a report on Tuesday, January 28th. Peel Hunt reaffirmed a buy rating and set a GBX 275 ($3.62) price target on shares of NCC Group in a report on Thursday, January 23rd. Finally, Berenberg Bank cut shares of NCC Group to a hold rating and set a GBX 220 ($2.89) price objective for the company. in a research report on Monday, January 27th. One research analyst has rated the stock with a hold rating and five have assigned a buy rating to the company’s stock. The company has a consensus rating of Buy and a consensus target price of GBX 226 ($2.97).

LON:NCC opened at GBX 165 ($2.17) on Monday. NCC Group has a twelve month low of GBX 135 ($1.78) and a twelve month high of GBX 236 ($3.10). The company has a quick ratio of 1.31, a current ratio of 1.32 and a debt-to-equity ratio of 41.46. The stock’s 50-day simple moving average is GBX 198.40 and its 200 day simple moving average is GBX 199.21. The firm has a market capitalization of $445.00 million and a PE ratio of 35.11.

The company also recently disclosed a dividend, which was paid on Friday, March 6th. Investors of record on Thursday, February 6th were given a dividend of GBX 1.50 ($0.02) per share. The ex-dividend date of this dividend was Thursday, February 6th. This represents a yield of 0.71%. NCC Group’s dividend payout ratio is currently 1.06%.

About NCC Group

NCC Group plc provides cyber security and risk mitigation services in the United Kingdom, the United States, Europe, and internationally. The company operates through two segments, Escrow and Assurance. It offers software escrow solutions that include escrow agreements, software verification, secure verification, software as a service assured, Internet corporation for assigned names and numbers compliance, and software risk assessment solutions.

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Analyst Recommendations for NCC Group (LON:NCC)

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