Brokerages Set NIQ Global Intelligence plc (NYSE:NIQ) Target Price at $21.54

NIQ Global Intelligence plc (NYSE:NIQ) has been given a consensus rating of “Moderate Buy” by the fifteen analysts that are currently covering the stock, MarketBeat Ratings reports. One investment analyst has rated the stock with a sell recommendation, three have given a hold recommendation, ten have given a buy recommendation and one has assigned a strong buy recommendation to the company. The average 12 month target price among brokers that have issued ratings on the stock in the last year is $21.5417.

A number of analysts have recently weighed in on the company. Wall Street Zen raised NIQ Global Intelligence from a “hold” rating to a “buy” rating in a research report on Sunday, April 5th. Robert W. Baird set a $20.00 price objective on NIQ Global Intelligence in a research report on Tuesday, February 3rd. Weiss Ratings reissued a “sell (d)” rating on shares of NIQ Global Intelligence in a research report on Monday, December 29th. Citigroup lowered their price objective on NIQ Global Intelligence from $17.50 to $16.00 and set a “neutral” rating for the company in a research report on Friday, March 6th. Finally, Wells Fargo & Company lowered their price objective on NIQ Global Intelligence from $21.00 to $18.00 and set an “overweight” rating for the company in a research report on Monday, March 2nd.

Institutional Trading of NIQ Global Intelligence

A number of institutional investors and hedge funds have recently added to or reduced their stakes in the company. Advent International L.P. acquired a new stake in NIQ Global Intelligence during the 3rd quarter worth about $2,345,270,000. SurgoCap Partners LP acquired a new stake in NIQ Global Intelligence during the 3rd quarter worth about $91,971,000. Ameriprise Financial Inc. acquired a new stake in NIQ Global Intelligence during the 3rd quarter worth about $78,791,000. Vanguard Group Inc. acquired a new stake in NIQ Global Intelligence during the 3rd quarter worth about $63,188,000. Finally, DNB Asset Management AS acquired a new stake in NIQ Global Intelligence during the 3rd quarter worth about $58,719,000.

NIQ Global Intelligence Trading Down 0.8%

Shares of NIQ stock opened at $10.49 on Thursday. The company has a debt-to-equity ratio of 2.86, a current ratio of 1.03 and a quick ratio of 1.03. The company has a market cap of $3.09 billion and a PE ratio of 58.25. NIQ Global Intelligence has a 1 year low of $10.05 and a 1 year high of $20.39. The stock’s 50 day simple moving average is $11.69 and its two-hundred day simple moving average is $14.05.

About NIQ Global Intelligence

Nuveen Intermediate Duration Quality Municipal Term Fund is a close ended fixed income mutual fund launched by Nuveen Investments Inc The fund is co-managed by Nuveen Fund Advisors LLC and Nuveen Asset Management, LLC. It invests into public fixed income markets of the United States. The fund seeks to invest in stocks of companies that are operating across diversified sectors. It primarily invests in municipal securities that are exempt from federal income taxes, and seeks to maintain a portfolio with an intermediate effective duration of between 3 and 10 years, including the effects of leverage.