NN Group NV Unsponsored ADR (OTCMKTS:NNGRY) Given Average Recommendation of "Hold" by Analysts

Key Points

• NN Group NV Unsponsored ADR (OTCMKTS:NNGRY) has been assigned an average recommendation of "Hold" by eight analysts, with one sell rating, six hold ratings, and one strong buy rating.
• Recent upgrades from various brokerages include Zacks Research and Cfra Research, with the latter raising the rating to a "moderate buy".
• The stock has a 12-month trading range between a low of $20.97 and a high of $36.68, currently opening at $35.20.

NN Group NV Unsponsored ADR (OTCMKTS:NNGRY - Get Free Report) has been assigned an average recommendation of "Hold" from the eight analysts that are currently covering the firm, MarketBeat Ratings reports. One equities research analyst has rated the stock with a sell rating, six have issued a hold rating and one has issued a strong buy rating on the company.

A number of brokerages recently weighed in on NNGRY. Zacks Research raised NN Group to a "hold" rating in a report on Tuesday, August 12th. Cfra Research raised shares of NN Group to a "moderate buy" rating in a research note on Friday, August 8th. Kepler Capital Markets upgraded shares of NN Group from a "strong sell" rating to a "hold" rating in a research report on Monday, August 11th. UBS Group lowered shares of NN Group from a "strong-buy" rating to a "hold" rating in a research report on Tuesday, August 12th. Finally, Morgan Stanley restated an "underweight" rating on shares of NN Group in a report on Friday, July 11th.

NN Group Stock Performance

OTCMKTS:NNGRY opened at $35.20 on Wednesday. The company has a debt-to-equity ratio of 0.55, a current ratio of 72.56 and a quick ratio of 159.36. The stock's 50 day simple moving average is $34.65 and its 200-day simple moving average is $32.78. NN Group has a 12-month low of $20.97 and a 12-month high of $36.68.

NN Group Company Profile

NN Group N.V., a financial services company, provides life and non-life insurance products in the Netherlands and internationally. The company operates through Netherlands Life, Netherlands Non-life, Insurance Europe, Japan Life, Banking, and Other segments. It offers Life insurance products, such as group and individual pension products, retail life insurance, and SME life insurance products; and non-life insurance products, including motor, fire, liability, transport, travel, health, property and casualty, and disability and accident insurance products.

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