Nichols (LON:NICL) Price Target Raised to GBX 1,750

Nichols (LON:NICL) had its target price lifted by Berenberg Bank from GBX 1,720 to GBX 1,750 in a research note released on Monday morning,Digital Look reports. The firm currently has a buy rating on the stock.

Separately, Deutsche Bank Aktiengesellschaft restated a “buy” rating and issued a GBX 1,150 price objective on shares of Nichols in a report on Thursday, July 30th. Two research analysts have rated the stock with a Buy rating and one has given a Hold rating to the company. According to data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and a consensus target price of GBX 1,400.

Nichols Stock Performance

Nichols stock opened at GBX 1,065 on Monday. Nichols has a 1-year low of GBX 880 and a 1-year high of GBX 1,272.97. The company has a current ratio of 3.53, a quick ratio of 2.58 and a debt-to-equity ratio of 3.08. The firm has a market capitalization of £389.42 million, a PE ratio of 16.36 and a beta of 0.45. The firm’s 50 day simple moving average is GBX 983.19 and its 200 day simple moving average is GBX 968.74.

Nichols (LON:NICL) last issued its quarterly earnings results on Wednesday, July 29th. The company reported GBX 30.30 earnings per share (EPS) for the quarter. Nichols had a return on equity of 24.74% and a net margin of 13.39%. As a group, analysts expect that Nichols will post 62.4371859 earnings per share for the current fiscal year.

Nichols Company Profile