Berenberg Bank Raises Nichols (LON:NICL) Price Target to GBX 1,750

Nichols (LON:NICL) had its price target lifted by equities research analysts at Berenberg Bank from GBX 1,720 to GBX 1,750 in a report released on Monday,Digital Look reports. The firm presently has a “buy” rating on the stock. Berenberg Bank’s target price suggests a potential upside of 64.94% from the stock’s current price.

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

Nichols Stock Performance

Shares of LON:NICL opened at GBX 1,061 on Monday. Nichols has a 52-week low of GBX 880 and a 52-week high of GBX 1,272.97. The company has a market capitalization of £387.95 million, a PE ratio of 16.30 and a beta of 0.43. The company has a fifty day moving average of GBX 976.15 and a 200-day moving average of GBX 967.59.

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

Nichols Company Profile