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 TipRanks’ Half-Year Sale
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
- Make smarter investment decisions with TipRanks' Smart Investor Picks, delivered to your inbox every week.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on NNGRY: