Peel Hunt Reiterates Buy Rating for NCC Group (LON:NCC)

NCC Group (LON:NCC)‘s stock had its “buy” rating restated by analysts at Peel Hunt in a report issued on Monday, ThisIsMoney.Co.Uk reports.

A number of other equities research analysts have also weighed in on the stock. Berenberg Bank boosted their target price on shares of NCC Group from GBX 180 ($2.35) to GBX 220 ($2.87) and gave the stock a “buy” rating in a report on Tuesday, July 30th. Shore Capital reaffirmed a “buy” rating on shares of NCC Group in a research note on Thursday, July 25th.

NCC Group stock opened at GBX 173.80 ($2.27) on Monday. The business has a 50 day moving average of GBX 179.53 and a 200-day moving average of GBX 163.12. NCC Group has a 1 year low of GBX 111.50 ($1.46) and a 1 year high of GBX 221.20 ($2.89). The company has a debt-to-equity ratio of 26.14, a current ratio of 1.30 and a quick ratio of 1.16. The company has a market capitalization of $482.89 million and a P/E ratio of 36.21.

NCC Group Company Profile

NCC Group plc provides cyber security and risk mitigation services in the United Kingdom, the United States, Europe, and internationally. The company operates through two segments, Escrow and Assurance. It offers software escrow solutions that include escrow agreements, software verification, secure verification, software as a service assured, Internet corporation for assigned names and numbers compliance, and software risk assessment solutions.

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