Nichols (LON:NICL) Receives Buy Rating from Berenberg Bank

Nichols (LON:NICL)‘s stock had its “buy” rating reaffirmed by stock analysts at Berenberg Bank in a research report issued to clients and investors on Friday,Digital Look reports. They currently have a GBX 1,720 target price on the stock. Berenberg Bank’s target price points to a potential upside of 78.42% from the stock’s current price.

Separately, Deutsche Bank Aktiengesellschaft restated a “buy” rating and issued a GBX 1,150 price target on shares of Nichols in a research 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 stock. According to MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and an average price target of GBX 1,390.

Nichols Trading Up 1.5%

Shares of NICL traded up GBX 14 during midday trading on Friday, hitting GBX 964. The stock had a trading volume of 29,892 shares, compared to its average volume of 44,927. The business has a 50-day simple moving average of GBX 949.35 and a two-hundred day simple moving average of GBX 962.57. The firm has a market cap of £352.49 million, a P/E ratio of 16.53 and a beta of 0.44. The company has a current ratio of 3.63, a quick ratio of 2.58 and a debt-to-equity ratio of 4.97. Nichols has a fifty-two week low of GBX 880 and a fifty-two week high of GBX 1,480.

About Nichols