(NN) NN - Ratings and Ratios

NN Group N.V. is a prominent financial services provider, primarily operating in the insurance and banking sectors. The company offers a diverse range of life and non-life insurance products, catering to individuals, SMEs, and large corporations. Its product portfolio includes group and individual pensions, health insurance, and various non-life insurance options such as motor and liability coverage. Additionally, NN Group provides banking services, including mortgage loans and investment products. With a strong presence in the Netherlands and international markets, the company has established a robust distribution network through tied agents, bancassurance partners, and direct channels. Formerly known as ING Insurance, NN Group rebranded in 2014 and is headquartered in The Hague, Netherlands, with a founding history tracing back to 1845.

3-Month Forecast: Based on technical indicators, NN Groups stock is expected to maintain a bullish trajectory with potential price targets reaching approximately 54.00, supported by the rising SMA20 and SMA50. The stocks support level is anticipated to be around 49.00, considering the SMA50 and SMA200 trends. The Average True Range (ATR) of 1.21 suggests moderate volatility. From a fundamental perspective, the forward P/E of 7.70 indicates potential undervaluation, supported by a P/B ratio of 0.63. These factors, combined with a reasonable P/S ratio and stable RoE, suggest the stock may be attractive for investors seeking value in the financial sector.