Nichols (LON:NICL) Sets New 52-Week Low – Should You Sell?

Nichols plc (LON:NICLGet Free Report)’s stock price reached a new 52-week low during trading on Wednesday . The stock traded as low as GBX 912 and last traded at GBX 930, with a volume of 51986 shares traded. The stock had previously closed at GBX 934.

Analysts Set New Price Targets

A number of research analysts have recently issued reports on NICL shares. Peel Hunt restated a “hold” rating and issued a GBX 1,300 price target on shares of Nichols in a research report on Tuesday, November 11th. Deutsche Bank Aktiengesellschaft cut their target price on Nichols from GBX 1,250 to GBX 1,150 and set a “hold” rating on the stock in a report on Wednesday, January 14th. Finally, Berenberg Bank restated a “buy” rating and issued a GBX 1,820 target price on shares of Nichols in a report on Tuesday, November 11th. One equities research analyst has rated the stock with a Buy rating and two have issued a Hold rating to the company. Based on data from MarketBeat, the stock currently has an average rating of “Hold” and an average price target of GBX 1,423.33.

View Our Latest Report on NICL

Nichols Stock Down 0.4%

The company has a market cap of £340.04 million, a PE ratio of 19.44 and a beta of 0.54. The stock has a 50-day moving average of GBX 989.42 and a 200-day moving average of GBX 1,049.54. The company has a quick ratio of 2.58, a current ratio of 2.91 and a debt-to-equity ratio of 1.93.

Insider Activity at Nichols

In related news, insider Alan Williams acquired 2,500 shares of the firm’s stock in a transaction that occurred on Monday, December 15th. The shares were bought at an average cost of GBX 970 per share, for a total transaction of £24,250. Insiders own 9.05% of the company’s stock.

Nichols Company Profile

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