Northgate Plc (OTCMKTS:NGTEF) – Investment analysts at Jefferies Group issued their FY2018 EPS estimates for shares of Northgate in a report issued on Tuesday. Jefferies Group analyst J. Spooner anticipates that the company will earn $0.56 per share for the year. Jefferies Group also issued estimates for Northgate’s FY2019 earnings at $0.63 EPS and FY2020 earnings at $0.71 EPS.
Other equities research analysts have also issued reports about the stock. Numis Securities upgraded shares of Northgate from an “add” rating to a “buy” rating in a research note on Tuesday, September 19th. Berenberg Bank upgraded shares of Northgate from a “sell” rating to a “hold” rating in a research note on Thursday, November 2nd. Finally, Zacks Investment Research lowered shares of Northgate from a “hold” rating to a “sell” rating in a research note on Saturday.
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Northgate plc provides light commercial vehicle hire services in the United Kingdom, Spain, and the Republic of Ireland. It also sells used vehicles; supplies other related goods and services; and offers fleet management services. The company operates a fleet of 53,000 vehicles from 77 locations in the United Kingdom; and a fleet of 40,000 vehicles from 24 locations in Spain.
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