Goldman Sachs downgraded NN Group (NNGRY) to Neutral from Buy with a price target of EUR 45.50, down from EUR 52.50. The recent Solvency II negative mark to market movements limit upside potential from additional capital returns for NN, the analyst tells investors in a research note.
Don't Miss our Black Friday Offers:
- Unlock your investing potential with TipRanks Premium - Now At 40% OFF!
- Make smarter investments with weekly expert stock picks from the Smart Investor Newsletter
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
See the top stocks recommended by analysts >>
Read More on NNGRY:
- NN Group downgraded to Neutral from Overweight at JPMorgan
- NN Group downgraded to Hold from Buy at Kepler Cheuvreux
- NN Group assumed with an Equal Weight at Morgan Stanley
- NN Group price target raised to EUR 49 from EUR 43 at Deutsche Bank
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.