Nichols (LON:NICL) Stock Price Passes Above 200-Day Moving Average – Time to Sell?

Shares of Nichols plc (LON:NICLGet Free Report) crossed above its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of GBX 967.38 and traded as high as GBX 1,050. Nichols shares last traded at GBX 1,040, with a volume of 26,570 shares.

Analysts Set New Price Targets

NICL has been the subject of a number of research analyst reports. Berenberg Bank restated a “buy” rating and issued a GBX 1,720 price target on shares of Nichols in a research report on Wednesday, July 29th. Deutsche Bank Aktiengesellschaft restated a “buy” rating and set a GBX 1,150 target price 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 assigned a Hold rating to the company’s stock. According to MarketBeat, Nichols presently has a consensus rating of “Moderate Buy” and a consensus price target of GBX 1,390.

Get Our Latest Report on Nichols

Nichols Stock Performance

The company has a market capitalization of £380.28 million, a PE ratio of 15.98 and a beta of 0.43. The stock’s fifty day simple moving average is GBX 976.15 and its 200-day simple moving average is GBX 967.89.

Nichols (LON:NICLGet Free Report) last issued its quarterly earnings results on Wednesday, July 29th. The company reported GBX 30.30 EPS for the quarter. Nichols had a net margin of 13.39% and a return on equity of 24.74%. On average, equities analysts anticipate that Nichols plc will post 62.4371859 EPS for the current year.

About Nichols

(Get Free Report)

Featured Stories

Receive News & Ratings for Nichols Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Nichols and related companies with MarketBeat.com's FREE daily email newsletter.