NCC Group (LON:NCC) had its target price cut by Peel Hunt from GBX 275 ($3.62) to GBX 220 ($2.89) in a research report report published on Monday morning, Stock Target Advisor reports. They currently have a buy rating on the stock.
Several other research firms also recently commented on NCC. Berenberg Bank downgraded NCC Group to a hold rating and set a GBX 220 ($2.89) price objective on the stock. in a research note on Monday, January 27th. Shore Capital reissued a buy rating on shares of NCC Group in a research report on Tuesday, January 28th. Jefferies Financial Group boosted their target price on NCC Group from GBX 242 ($3.18) to GBX 255 ($3.35) and gave the company a buy rating in a research note on Thursday, January 23rd. Finally, Peel Hunt reaffirmed a buy rating and set a GBX 275 ($3.62) price target on shares of NCC Group in a research report on Thursday, January 23rd. One research analyst has rated the stock with a hold rating and five have given a buy rating to the company. The company has an average rating of Buy and a consensus price target of GBX 226 ($2.97).
Shares of NCC stock opened at GBX 165 ($2.17) on Monday. The company has a 50 day moving average of GBX 198.40 and a 200-day moving average of GBX 199.21. The company has a quick ratio of 1.31, a current ratio of 1.32 and a debt-to-equity ratio of 41.46. NCC Group has a 12-month low of GBX 135 ($1.78) and a 12-month high of GBX 236 ($3.10). The firm has a market cap of $445.00 million and a P/E ratio of 35.11.
The firm also recently declared a dividend, which was paid on Friday, March 6th. Stockholders of record on Thursday, February 6th were given a GBX 1.50 ($0.02) dividend. This represents a dividend yield of 0.71%. The ex-dividend date of this dividend was Thursday, February 6th. NCC Group’s dividend payout ratio (DPR) 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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