NN Group NV Unsponsored ADR (OTCMKTS:NNGRY) Receives Consensus Rating of "Hold" from Brokerages

Key Points

• NN Group NV Unsponsored ADR has received an average rating of "Hold" from six brokerages, with one sell recommendation, four holds, and one strong buy.
• Shares of NN Group decreased by 2.3% and currently trade at $35.62, with a 12-month high of $36.68 and a low of $20.97.
• The company announced a dividend increase, paying $0.9103 on June 10, representing a significant yield of 472.0%.

NN Group NV Unsponsored ADR (OTCMKTS:NNGRY - Get Free Report) has been given an average rating of "Hold" by the six brokerages that are presently covering the company, MarketBeat reports. One analyst has rated the stock with a sell recommendation, four have assigned a hold recommendation and one has assigned a strong buy recommendation to the company.

Several equities analysts have weighed in on the company. Morgan Stanley restated an "underweight" rating on shares of NN Group in a research note on Friday, July 11th. UBS Group lowered NN Group to a "neutral" rating in a research report on Tuesday. Citigroup reaffirmed a "neutral" rating on shares of NN Group in a research report on Wednesday, May 28th. The Goldman Sachs Group raised NN Group from a "hold" rating to a "strong-buy" rating in a research report on Wednesday, July 2nd. Finally, Kepler Capital Markets raised NN Group from a "strong sell" rating to a "hold" rating in a research report on Monday.

NN Group Stock Down 2.3%

Shares of NNGRY opened at $35.62 on Tuesday. NN Group has a 12-month low of $20.97 and a 12-month high of $36.68. The business's fifty day moving average is $33.16 and its 200 day moving average is $31.10. The company has a current ratio of 159.36, a quick ratio of 159.36 and a debt-to-equity ratio of 0.48.

NN Group Increases Dividend

The business also recently announced a dividend, which was paid on Tuesday, June 10th. Investors of record on Wednesday, May 21st were paid a $0.9103 dividend. This is an increase from NN Group's previous dividend of $0.55. This represents a yield of 472.0%. The ex-dividend date of this dividend was Tuesday, May 20th.

About NN Group

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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