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BUZZ-Northgate: van rental co gets results boost

Reuters - UK Focus

** Vehicle hire co Northgate (LSE: NTG.L - news) hits more than 2-mth highs on robust H1 results

** Co trading slightly ahead of its expectations

** N+1 Singer analysts highlight forecast upgrades ahead of Christmas shutdowns, something of rarity for Northgate

** Analysts see good value in the shares, trading on 11.7 times 2-yr forward PE, according to Thomson Reuters data

** Stock up 5 pct, third-top FTSE 250 gainer, in trade already full-day's average volume.

(RM (LSE: RM.L - news) : tricia.wright1.thomsonreuters.com@reuters.net)