Deutsche Bank Aktiengesellschaft Reaffirms “Buy” Rating for Nichols (LON:NICL)

Nichols (LON:NICL)‘s stock had its “buy” rating restated by Deutsche Bank Aktiengesellschaft in a research report issued to clients and investors on Thursday,Digital Look reports. They currently have a GBX 1,150 price objective on the stock. Deutsche Bank Aktiengesellschaft’s target price would indicate a potential upside of 10.58% from the company’s previous close.

Separately, Berenberg Bank restated a “buy” rating and set a GBX 1,720 price objective on shares of Nichols in a research report on Wednesday. Two investment analysts have rated the stock with a Buy rating and one has issued a Hold rating to the company. According to MarketBeat, the company presently has a consensus rating of “Moderate Buy” and an average price target of GBX 1,390.

Nichols Stock Performance

LON:NICL opened at GBX 1,040 on Thursday. Nichols has a 12 month low of GBX 880 and a 12 month high of GBX 1,425. The company has a debt-to-equity ratio of 4.97, a current ratio of 3.63 and a quick ratio of 2.58. The firm has a market capitalization of £380.28 million, a PE ratio of 17.83 and a beta of 0.43. The business’s fifty day moving average price is GBX 961.25 and its 200 day moving average price is GBX 964.87.

Nichols (LON:NICL) last released its quarterly earnings data on Wednesday, July 29th. The company reported GBX 30.30 earnings per share (EPS) for the quarter. Nichols had a return on equity of 23.59% and a net margin of 12.25%. On average, sell-side analysts anticipate that Nichols will post 62.4371859 earnings per share for the current fiscal year.

About Nichols