Stifel Nicolaus initiated coverage on shares of NRC Group ASA (OTCMKTS:NNRRF) in a research note issued to investors on Monday. The brokerage issued a buy rating and a $10.00 target price on the stock.
Shares of NNRRF stock opened at $9.42 on Monday.
About NRC Group ASA
NRC Group ASA engages in the infrastructure business in Norway and Sweden. The company provides rail, harbor, and road related infrastructure services, including groundwork, specialized track work, safety, electro, telecom, and signalling systems, as well as project management services. The company was formerly known as Blom ASA and changed its name to NRC Group ASA in May 2015.
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