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

Shares of Nichols plc (LON:NICL) passed above its two hundred day moving average during trading on Friday . The stock has a two hundred day moving average of GBX 962.21 and traded as high as GBX 980. Nichols shares last traded at GBX 946, with a volume of 18,114 shares traded.

Analysts Set New Price Targets

Several research firms have weighed in on NICL. Berenberg Bank reiterated a “buy” rating and set a GBX 1,720 price target on shares of Nichols in a research note on Friday, June 26th. Deutsche Bank Aktiengesellschaft reaffirmed a “buy” rating and set a GBX 1,150 target price 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 company. According to data from MarketBeat, the company presently has an average rating of “Moderate Buy” and a consensus price target of GBX 1,390.

Nichols Trading Down 0.4%

The stock has a market cap of £345.90 million, a PE ratio of 16.22 and a beta of 0.44. The company’s fifty day moving average is GBX 950.75 and its 200-day moving average is GBX 962.21. The company has a debt-to-equity ratio of 4.97, a current ratio of 3.63 and a quick ratio of 2.58.

Nichols Company Profile