NN Group (OTCMKTS:NNGRY) Price Target Raised to €50.00 at JPMorgan Chase & Co.

NN Group (OTCMKTS:NNGRYGet Rating) had its price objective hoisted by JPMorgan Chase & Co. from €47.00 ($48.45) to €50.00 ($51.55) in a research note released on Tuesday morning, The Fly reports. JPMorgan Chase & Co. currently has a neutral rating on the stock.

NNGRY has been the subject of a number of other reports. Cheuvreux cut shares of NN Group from a buy rating to a hold rating and set a €45.00 ($46.39) price target for the company. in a report on Friday, September 9th. Morgan Stanley raised their price target on shares of NN Group from €50.60 ($52.16) to €53.80 ($55.46) and gave the stock an overweight rating in a report on Tuesday, September 27th. Finally, Credit Suisse Group raised their price objective on shares of NN Group from €56.50 ($58.25) to €59.80 ($61.65) in a research note on Thursday, September 8th. Three analysts have rated the stock with a hold rating and seven have assigned a buy rating to the company. Based on data from MarketBeat, the company currently has a consensus rating of Moderate Buy and an average target price of $50.72.

NN Group Stock Performance

OTCMKTS:NNGRY opened at $22.90 on Tuesday. The firm has a fifty day simple moving average of $20.52 and a two-hundred day simple moving average of $22.09. NN Group has a 12 month low of $18.77 and a 12 month high of $30.17.

About NN Group

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NN Group N.V., a financial services company, primarily provides life insurance products in the Netherlands and internationally. The company operates through Netherlands Life, Netherlands Non-life, Insurance Europe, Japan Life, Banking, and Other segments. It offers group and individual life insurance, and pension products; non-life insurance products, including motor, fire, liability, transport, travel, and disability and accident insurance; employee benefits, and health insurance products; corporate-owned life insurance products; and single premium variable annuity individual life insurance products.

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