NN Group NV Unsponsored ADR (OTCMKTS:NNGRY) Given Average Recommendation of “Hold” by Brokerages

NN Group NV Unsponsored ADR (OTCMKTS:NNGRY) has been given a consensus rating of “Hold” by the eight ratings firms that are currently covering the company, MarketBeat.com reports. One equities research analyst has rated the stock with a sell recommendation, five have assigned a hold recommendation and two have assigned a buy recommendation to the company.

Several equities analysts have recently commented on NNGRY shares. The Goldman Sachs Group reaffirmed a “buy” rating on shares of NN Group in a research report on Monday, December 1st. Keefe, Bruyette & Woods upgraded NN Group from a “hold” rating to a “moderate buy” rating in a research note on Monday, November 10th.

NN Group Trading Up 1.6%

OTCMKTS NNGRY opened at $40.16 on Tuesday. NN Group has a 12 month low of $22.19 and a 12 month high of $40.20. The company’s fifty day moving average price is $37.99 and its two-hundred day moving average price is $35.86.

About NN Group

NN Group N.V. (OTCMKTS:NNGRY) is a Dutch insurance and asset management company that provides a range of life and non-life insurance products, pension and retirement solutions, and investment management services. Its product offering typically includes individual and group life insurance, annuities, disability and health-related coverages, property & casualty insurance, and savings and retirement planning products aimed at both retail and corporate clients. The company also manages assets on behalf of its insurance operations and third-party institutional and individual investors.

NN Group traces its corporate structure to the Dutch insurer Nationale-Nederlanden and was established as a separate, publicly listed company following a demerger from ING Group in the mid-2010s.