NCC Group plc (LON:NCC) Given Average Recommendation of “Buy” by Brokerages

Shares of NCC Group plc (LON:NCC – Get Rating) have earned an average rating of “Buy” from the seven analysts that are presently covering the firm, MarketBeat.com reports. One research analyst has rated the stock with a hold recommendation and six have given a buy recommendation to the company. The average 1 year price target among brokers that have updated their coverage on the stock in the last year is GBX 337.20 ($4.30).

A number of research firms recently commented on NCC. Berenberg Bank reiterated a “buy” rating on shares of NCC Group in a report on Tuesday, March 15th. Shore Capital reaffirmed a “buy” rating on shares of NCC Group in a research report on Monday, March 28th. Finally, Canaccord Genuity Group reaffirmed a “buy” rating and set a GBX 310 ($3.95) target price on shares of NCC Group in a report on Monday, March 7th.

In related news, insider Julie Chakraverty purchased 9,880 shares of the firm’s stock in a transaction that occurred on Thursday, February 3rd. The stock was acquired at an average price of GBX 187 ($2.38) per share, for a total transaction of £18,475.60 ($23,547.80).

Shares of NCC Group stock opened at GBX 181.40 ($2.31) on Thursday. NCC Group has a 52 week low of GBX 162.80 ($2.07) and a 52 week high of GBX 348 ($4.44). The company has a current ratio of 1.03, a quick ratio of 1.02 and a debt-to-equity ratio of 57.47. The stock has a market cap of £562.01 million and a PE ratio of 60.33. The company’s 50-day moving average price is GBX 184.13 and its two-hundred day moving average price is GBX 213.07.

NCC Group Company Profile (Get Rating)

NCC Group plc engages in the cyber and software resilience business in the United Kingdom, the Asian-Pacific, North America, and Europe. It operates in two segments, Assurance and Software Resilience. The company offers assessment and advisory services, which include risk management, supply chain risk, cloud and infrastructure, application and security software, mobile, managed vulnerability scanning, hardware and embedded systems, and cryptography, as well as calibrator and cyber security review solutions.

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