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

Nichols (LON:NICL) had its target price raised by equities researchers at Berenberg Bank from GBX 1,720 to GBX 1,750 in a research report issued on Monday,Digital Look reports. The brokerage currently has a “buy” rating on the stock. Berenberg Bank’s target price would suggest a potential upside of 64.94% from the company’s previous close.

Separately, Deutsche Bank Aktiengesellschaft reissued 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 stock. Based on data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and an average price target of GBX 1,400.

Nichols Price Performance

NICL stock opened at GBX 1,061 on Monday. The stock has a market capitalization of £387.95 million, a price-to-earnings ratio of 16.30 and a beta of 0.43. The business’s fifty day moving average price is GBX 976.15 and its two-hundred day moving average price is GBX 967.59. Nichols has a fifty-two week low of GBX 880 and a fifty-two week high of GBX 1,272.97.

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

Nichols Company Profile