Nichols (LON:NICL) Reaches New 1-Year Low – Should You Sell?

Nichols plc (LON:NICL) shares hit a new 52-week low during trading on Wednesday . The company traded as low as GBX 912 and last traded at GBX 930, with a volume of 51986 shares trading hands. The stock had previously closed at GBX 934.

Wall Street Analysts Forecast Growth

A number of equities research analysts have issued reports on NICL shares. Berenberg Bank reiterated a “buy” rating and issued a GBX 1,820 target price on shares of Nichols in a research report on Tuesday, November 11th. Deutsche Bank Aktiengesellschaft cut their price objective on Nichols from GBX 1,250 to GBX 1,150 and set a “hold” rating for the company in a report on Wednesday, January 14th. Finally, Peel Hunt reissued a “hold” rating and set a GBX 1,300 price objective on shares of Nichols in a research report on Tuesday, November 11th. One analyst has rated the stock with a Buy rating and two have assigned a Hold rating to the stock. According to data from MarketBeat.com, the company has a consensus rating of “Hold” and an average price target of GBX 1,423.33.

Nichols Trading Up 1.8%

The company has a market cap of £331.99 million, a price-to-earnings ratio of 18.98 and a beta of 0.54. The company’s 50 day moving average price is GBX 987.30 and its 200 day moving average price is GBX 1,047.62. The company has a debt-to-equity ratio of 1.93, a quick ratio of 2.58 and a current ratio of 2.91.

Insider Activity

In related news, insider Alan Williams acquired 2,500 shares of the stock in a transaction dated Monday, December 15th. The shares were acquired at an average price of GBX 970 per share, with a total value of £24,250. Company insiders own 9.05% of the company’s stock.

Nichols Company Profile