Nichols (LON:NICL) Earns Buy Rating from Berenberg Bank

Nichols (LON:NICL)‘s stock had its “buy” rating reaffirmed by analysts at Berenberg Bank in a note issued to investors on Friday,Digital Look reports. They currently have a GBX 1,720 target price on the stock. Berenberg Bank’s price target points to a potential upside of 78.42% from the company’s previous close.

Separately, Deutsche Bank Aktiengesellschaft reissued a “buy” rating and issued a GBX 1,150 price target on shares of Nichols in a report on Wednesday, April 22nd. Two investment analysts have rated the stock with a Buy rating and one has issued a Hold rating to the stock. According to MarketBeat, the stock currently has an average rating of “Moderate Buy” and an average target price of GBX 1,390.

Nichols Price Performance

NICL traded up GBX 14 during trading on Friday, reaching GBX 964. The stock had a trading volume of 29,892 shares, compared to its average volume of 44,927. The stock has a 50 day moving average of GBX 949.35 and a two-hundred day moving average of GBX 962.57. The company has a quick ratio of 2.58, a current ratio of 3.63 and a debt-to-equity ratio of 4.97. The firm has a market capitalization of £352.49 million, a price-to-earnings ratio of 16.53 and a beta of 0.44. Nichols has a 1-year low of GBX 880 and a 1-year high of GBX 1,480.

Nichols Company Profile