Shares of Norcros plc (LON:NXR – Get Free Report) passed above its 200-day moving average during trading on Friday . The stock has a 200-day moving average of GBX 175.36 ($2.17) and traded as high as GBX 187.50 ($2.32). Norcros shares last traded at GBX 179 ($2.21), with a volume of 5,253 shares trading hands.
Analyst Upgrades and Downgrades
Several analysts recently weighed in on the company. Shore Capital restated a “buy” rating on shares of Norcros in a report on Thursday, April 11th. Berenberg Bank restated a “buy” rating and issued a GBX 325 ($4.01) price objective on shares of Norcros in a report on Thursday, April 11th. Finally, Numis Securities restated a “buy” rating and issued a GBX 315 ($3.89) price objective on shares of Norcros in a report on Thursday, April 11th.
Check Out Our Latest Report on Norcros
Norcros Price Performance
Norcros Company Profile
Norcros plc, together with its subsidiaries, develops, manufactures, and markets bathroom and kitchen products in the United Kingdom and South Africa. The company manufactures and distributes electric and mixer showers, and accessories under the Triton brand; shower enclosures and trays to the residential, commercial, and hospitality sectors under the Merlyn brand; taps, mixer showers, bathroom accessories, and valves under the Vado brand; and accessories and furniture for the bathroom, such as toilet seats, wall-mounted cupboards, vanity units, shower rods, rails, and curtains to retail and trade customers under the Croydex brand.
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