Chesnara (LON:CSN) Sets New 12-Month High – Time to Buy?

Chesnara plc (LON:CSNGet Free Report) reached a new 52-week high on Wednesday . The stock traded as high as GBX 341.50 and last traded at GBX 340, with a volume of 262414 shares. The stock had previously closed at GBX 333.50.

Analysts Set New Price Targets

CSN has been the topic of a number of research analyst reports. Berenberg Bank raised their target price on Chesnara from GBX 373 to GBX 404 and gave the company a “buy” rating in a report on Friday. Royal Bank Of Canada lowered their price target on Chesnara from GBX 370 to GBX 360 and set an “outperform” rating for the company in a report on Wednesday, April 15th. Two equities research analysts have rated the stock with a Buy rating, Based on data from MarketBeat, Chesnara currently has an average rating of “Buy” and a consensus target price of GBX 382.

Get Our Latest Report on CSN

Chesnara Price Performance

The company has a 50 day moving average price of GBX 328.50 and a 200-day moving average price of GBX 314.11. The company has a quick ratio of 38.06, a current ratio of 2.92 and a debt-to-equity ratio of 49.41. The company has a market cap of £788.88 million, a price-to-earnings ratio of -67.72 and a beta of 0.52.

Insider Activity at Chesnara

In related news, insider Tom Howard sold 55,544 shares of the company’s stock in a transaction that occurred on Monday, May 18th. The stock was sold at an average price of GBX 319, for a total value of £177,185.36. 0.82% of the stock is currently owned by corporate insiders.

About Chesnara

(Get Free Report)

Chesnara (CSN.L) is a European life and pensions consolidator listed on the London Stock Exchange. It administers approximately one million policies and operates as Countrywide Assured in the UK, as The Waard Group and Scildon in the Netherlands, and as Movestic in Sweden.

Following a three-pillar strategy, Chesnara’s primary responsibility is the efficient administration of its customers’ life and savings policies, ensuring good customer outcomes and providing a secure and compliant environment to protect policyholder interests.

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