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

Shares of NN Group NV Unsponsored ADR (OTCMKTS:NNGRY) have been assigned an average recommendation of “Hold” from the eight ratings firms that are covering the firm, MarketBeat.com reports. One analyst has rated the stock with a sell rating, four have issued a hold rating, two have assigned a buy rating and one has assigned a strong buy rating to the company.

A number of equities analysts have commented on the stock. The Goldman Sachs Group reiterated a “buy” rating on shares of NN Group in a report on Monday, December 1st. Zacks Research upgraded NN Group from a “hold” rating to a “strong-buy” rating in a research note on Wednesday, February 18th. Finally, Keefe, Bruyette & Woods raised NN Group from a “hold” rating to a “moderate buy” rating in a report on Monday, November 10th.

NN Group Stock Performance

Shares of NNGRY stock traded down $0.16 during mid-day trading on Friday, reaching $38.22. The company’s stock had a trading volume of 42,821 shares, compared to its average volume of 65,944. The company’s 50 day simple moving average is $39.52 and its 200-day simple moving average is $36.79. NN Group has a 12-month low of $24.45 and a 12-month high of $42.74.

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.