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

Shares of NN Group NV Unsponsored ADR (OTCMKTS:NNGRY) have earned a consensus recommendation of “Hold” from the eight research firms that are covering the stock, Marketbeat.com reports. One research analyst has rated the stock with a sell recommendation, four have assigned a hold recommendation, two have assigned a buy recommendation and one has given a strong buy recommendation to the company.

Several analysts recently weighed in on NNGRY shares. The Goldman Sachs Group restated a “buy” rating on shares of NN Group in a research note on Monday, December 1st. Keefe, Bruyette & Woods raised NN Group from a “hold” rating to a “moderate buy” rating in a research note on Monday, November 10th. Finally, Zacks Research raised NN Group from a “hold” rating to a “strong-buy” rating in a research report on Wednesday, February 18th.

NN Group Price Performance

OTCMKTS:NNGRY opened at $40.68 on Friday. NN Group has a one year low of $24.45 and a one year high of $42.74. The company’s 50-day simple moving average is $39.49 and its 200 day simple moving average is $36.68.

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.