NCC Group (NCC) Given “Buy” Rating at Canaccord Genuity

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Canaccord Genuity reissued their buy rating on shares of NCC Group (LON:NCC) in a report released on Friday, July 27th. They currently have a GBX 265 ($3.43) price objective on the stock.

NCC has been the topic of a number of other research reports. Peel Hunt reiterated a buy rating on shares of NCC Group in a report on Wednesday, April 4th. Berenberg Bank upgraded NCC Group to a buy rating and lifted their target price for the company from GBX 195 ($2.52) to GBX 260 ($3.37) in a report on Friday, July 27th. Finally, Shore Capital upgraded NCC Group to a buy rating in a report on Wednesday, June 20th. One analyst has rated the stock with a hold rating and four have issued a buy rating to the company’s stock. The stock presently has an average rating of Buy and a consensus target price of GBX 253.75 ($3.28).

Shares of LON:NCC traded up GBX 3.40 ($0.04) during midday trading on Friday, reaching GBX 223 ($2.89). The company’s stock had a trading volume of 599,559 shares, compared to its average volume of 321,427. NCC Group has a 1 year low of GBX 109.75 ($1.42) and a 1 year high of GBX 239.25 ($3.10).

The company also recently announced a dividend, which will be paid on Friday, October 5th. Investors of record on Thursday, September 6th will be issued a GBX 3.15 ($0.04) dividend. The ex-dividend date of this dividend is Thursday, September 6th. This represents a yield of 1.43%. This is a boost from NCC Group’s previous dividend of $1.50.

NCC Group Company Profile

NCC Group plc provides cyber security and risk mitigation services to organizations worldwide. It operates through two segments, Escrow and Assurance. The company offers software escrow and verification services, including software escrow, escrow agreements, SaaS assured, software verification, secure software verification, Internet Corporation for Assigned Names and Numbers compliance, ad risk assessment services; and cyber security services comprising penetration testing and security assessment, managed detection and response, vulnerability discovery and management, risk management, threat intelligence, and training services, as well as compliance and accreditations, products and cloud services, technology solutions, and specialist practices.

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Analyst Recommendations for NCC Group (LON:NCC)

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