NN Group: Credit Suisse raises target price

(CercleFinance.com) - Credit Suisse reinstates its "outperform" rating on NN Group shares, having raised its target price for them to 56.
5 euros; "With continued drivers of OCG growth and a favourable market backdrop, we see NN as attractively placed ".

The broker points out that the Dutch insurance company has delivered strong results for 2021, with organic capital generation that is 8% above consensus, and that it has increased its share buyback program to 1 billion euros.

Maybe not today though... the share is currently down over 3% in Amsterdam.


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