NN Group is a financial services company based in the Netherlands. Co. engages in insurance and investment management activities, providing life and non-life insurance products primarily in the Netherlands, Belgium, rest of Europe, and Asia. Co. offers group and individual life insurance; and motor, transport, fire, liability, travel, and income insurance. Co. also offers retirement, insurance, investments, and banking services to retail, SME, corporate, and institutional customers. Co. is active in 18 countries, with a presence predominantly in a number of European countries and Japan.
  • TickerA115DY
  • ISINNL0010773842
  • ExchangeEuronext Amsterdam
  • SectorLife Insurance
  • CountryNetherlands

Analysts

For NN GROUP, the environment deterioration entails a downgrade to Neutral

NN GROUP (NL), a company active in the Life Insurance industry, now shows a lower overall rating. The independent financial analyst theScreener just confirmed the fundamental rating of 3 stars out of 4, as well as the stock market behaviour of the title as moderately risky. However, environmental deterioration penalises the general evaluation, which is downgraded to Neutral. As of the analysis date February 22, 2019, the closing price was EUR 37.62 and its expected value was estimated at EUR 36.76.

NN Group – Proxinvest Corporate Governance Rating ® : A

Proxinvest Corporate Governance Rating ® helps investors integrate governance into their investment decision and identify governance risks and opportunities within their portfolio. Proxinvest Corporate Governance Rating ® Service rates European issuers through the analysis of four main themes : Ownership & Shareholder rights, Board & Committees, Audit & Process, Remuneration. Each theme is rated taking into account several comprehensive sub-categories. Our unique two-step process to achieve each rating includes a first step quantitative valuation and a second step qualitative filter...

Henry Heathfield

Morningstar | Best Idea Update: Decent 2018 Close and Prospects for NN

NN Group reported an operating result of EUR 343 million for the fourth quarter with a full-year operating result of EUR 1,626 million. The net result has been hit quite hard by an impairment of goodwill on the back of the Delta Lloyd acquisition, but operating numbers look healthy. The Solvency II ratio remains strong at 230%; in line with this, management announced a EUR 500 million share buyback for the next 12 months commencing March 1 as the company still is holding cash of EUR 2 billion. A final dividend of EUR 1.24 per share is being proposed, taking the full year to EUR 1.90, a 5% yiel...

Henry Heathfield

Best Idea Update: Decent 2018 Close and Prospects for NN

NN Group reported an operating result of EUR 343 million for the fourth quarter with a full-year operating result of EUR 1,626 million. The net result has been hit quite hard by an impairment of goodwill on the back of the Delta Lloyd acquisition, but operating numbers look healthy. The Solvency II ratio remains strong at 230%; in line with this, management announced a EUR 500 million share buyback for the next 12 months commencing March 1 as the company still is holding cash of EUR 2 billion. A...

Alan Vandenberghe ...
  • Bart Cuypers
  • Cedric Duinslaeger
  • Jason Kalamboussis
  • Lenny Van Steenhuyse
  • Ruben Devos
  • Sandra Cauwenberghs
  • Wim Hoste

KBC Securities Morning Note 14-2-2019 ABN NA, AGN NA, ARCAD NA, DSM NA, IVA FR, MDXH BB, NN NA, SBMO NA, SIP BB, SOF BB, TNET BB, VPK NA

ABN Amro: Strong capital, but reluctant distribution AEGON: 4Q below, 2019-21 targets fall short of expectations Arcadis: Mixed results with strong free cash flow DSM: 4Q slightly above estimates, € 1bn SBB announced Inventiva: Increasing cash burn in late 2018 MDxHealth: LifeLabs as Canadian distributor for SelectMDx NN Group: Buyback € 0.5bn, 4Q lighter but on course SBM Offshore: Solid results, increases dividend and buybacks Sipef: FY18: the sting is in the tail Sofina: Zilingo, yet another investment in Asia Telenet: Subscriber losses continue, mixed 2019 outlook Vopak: FY18 analyst meeti...

Henry Heathfield

Morningstar | Best Idea Update: Decent 2018 Close and Prospects for NN

NN Group reported an operating result of EUR 343 million for the fourth quarter with a full-year operating result of EUR 1,626 million. The net result has been hit quite hard by an impairment of goodwill on the back of the Delta Lloyd acquisition, but operating numbers look healthy. The Solvency II ratio remains strong at 230%; in line with this, management announced a EUR 500 million share buyback for the next 12 months commencing March 1 as the company still is holding cash of EUR 2 billion. A final dividend of EUR 1.24 per share is being proposed, taking the full year to EUR 1.90, a 5% yiel...

Henry Heathfield

Best Idea Update: Decent 2018 Close and Prospects for NN

NN Group reported an operating result of EUR 343 million for the fourth quarter with a full-year operating result of EUR 1,626 million. The net result has been hit quite hard by an impairment of goodwill on the back of the Delta Lloyd acquisition, but operating numbers look healthy. The Solvency II ratio remains strong at 230%; in line with this, management announced a EUR 500 million share buyback for the next 12 months commencing March 1 as the company still is holding cash of EUR 2 billion. A...

Alan Vandenberghe ...
  • Bart Cuypers
  • Cedric Duinslaeger
  • Jason Kalamboussis
  • Lenny Van Steenhuyse
  • Ruben Devos
  • Sandra Cauwenberghs
  • Wim Hoste

KBC Securities Morning Note 14-2-2019 ABN NA, AGN NA, ARCAD NA, DSM NA, IVA FR, MDXH BB, NN NA, SBMO NA, SIP BB, SOF BB, TNET BB, VPK NA

ABN Amro: Strong capital, but reluctant distribution AEGON: 4Q below, 2019-21 targets fall short of expectations Arcadis: Mixed results with strong free cash flow DSM: 4Q slightly above estimates, € 1bn SBB announced Inventiva: Increasing cash burn in late 2018 MDxHealth: LifeLabs as Canadian distributor for SelectMDx NN Group: Buyback € 0.5bn, 4Q lighter but on course SBM Offshore: Solid results, increases dividend and buybacks Sipef: FY18: the sting is in the tail Sofina: Zilingo, yet another investment in Asia Telenet: Subscriber losses continue, mixed 2019 outlook Vopak: FY18 analyst meeti...

Henry Heathfield

Morningstar | Best Idea NN: Expect Better Earnings From Motor, Income Protection, Net Production on Provisions

Shares of no-moat Nationale-Nederlanden trade at a 30% discount to our fair value estimate, and we think the market is mispricing the overall value of the business. First is the turnaround story in P&C, with rate increases in a firming economy. Second, the recovery in disability and accident margins as Dutch bankruptcies decline. Last, within life outflows are overstated by non-recurring flows, in our opinion. Within the non-life business, we think there are two categories of lines of business that possess a story. First, the main area within non-life is the a turnaround of property and casua...

Henry Heathfield

Best Idea NN: Expect Better Earnings From Motor, Income Protection, Net Production on Provisions

Shares of no-moat Nationale-Nederlanden trade at a 30% discount to our fair value estimate, and we think the market is mispricing the overall value of the business. First is the turnaround story in P&C, with rate increases in a firming economy. Second, the recovery in disability and accident margins as Dutch bankruptcies decline. Last, within life outflows are overstated by non-recurring flows, in our opinion. Within the non-life business, we think there are two categories of lines of busine...

A director sold 995 shares at 26.200EUR and

A director at Nn Group Nv sold 995 shares at 26.200EUR and the significance rating of the trade was 52/100. Is that information sufficient for you to make an investment decision? This report gives details of those trades and adds context and analysis to them such that you can judge whether these trading decisions are ones worth following. Included in the report is a detailed share price chart which plots discretionary trades by all the company's directors over the last two years clearly showing Close periods where trading activity is restricted under listing rules. The names of board...

For NN GROUP, the environment deterioration entails a downgrade to Neutral

NN GROUP (NL), a company active in the Life Insurance industry, now shows a lower overall rating. The independent financial analyst theScreener just confirmed the fundamental rating of 3 stars out of 4, as well as the stock market behaviour of the title as moderately risky. However, environmental deterioration penalises the general evaluation, which is downgraded to Neutral. As of the analysis date February 22, 2019, the closing price was EUR 37.62 and its expected value was estimated at EUR 36.76.

Ford Equity International Rating and Forecast Report

Ford Equity International Research Reports cover 60 countries with over 30,000 stocks traded on international exchanges. A proprietary quantitative system compares each company to its peers on proven measures of business value, growth characteristics, and investor behavior. Ford's three recommendation ratings buy, hold and sell, represent each stock’s return potential relative to its own country market.. The rating reports which are generated each week, include the fundamental details behind each recommendation and reflect the fundamental and price data as of the last trading day of the week...

NN Group – Proxinvest Corporate Governance Rating ® : A

Proxinvest Corporate Governance Rating ® helps investors integrate governance into their investment decision and identify governance risks and opportunities within their portfolio. Proxinvest Corporate Governance Rating ® Service rates European issuers through the analysis of four main themes : Ownership & Shareholder rights, Board & Committees, Audit & Process, Remuneration. Each theme is rated taking into account several comprehensive sub-categories. Our unique two-step process to achieve each rating includes a first step quantitative valuation and a second step qualitative filter...

Matthieu DRIOL

Analyse court terme - NN GROUP NV : Baisse en cours.

La tendance est haussière. La baisse en cours s'apparente à une consolidation. Le support à 36,77 € pourrait relancer le mouvement haussier vers 39,51 €. La rupture de 35,60 € mettrait la tendance en danger.

Matthieu DRIOL

Short term view - NN GROUP NV : Falling.

The trend is bullish. The current fall looks like a consolidation. The support at €36.77 could cause a bullish reaction towards €39.51. The break of €35.60 would endanger the trend.

Matthieu DRIOL

Analyse court terme - NN GROUP NV : La baisse récente gagne en vigueur.

La tendance est haussière. La baisse récente gagne en vigueur. Le prochain support est à 36,77 €. La tendance serait remise en cause par la rupture de 35,60 €.

Matthieu DRIOL

Short term view - NN GROUP NV : The recent fall is getting more vigorous.

The trend is bullish. The recent fall is getting more vigorous. The next support is at €36.77. A break below €35.60 would challenge the trend.

Matthieu DRIOL

Medium term view - NN GROUP NV : The background trend is clearly bullish.

The background trend is clearly bullish. Prices are still making progress. The following targets are at €40.00 and €43.74. The trend would be invalidated below the support at €32.99.

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