Nichols’ (NICL) “Buy” Rating Reiterated at Berenberg Bank

Berenberg Bank reaffirmed their buy rating on shares of Nichols (LON:NICL) in a research note released on Wednesday morning,Digital Look reports. The brokerage currently has a GBX 1,720 price target on the stock.

Separately, Deutsche Bank Aktiengesellschaft restated a “buy” rating and set 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 assigned a Hold rating to the company’s stock. According to MarketBeat, the company currently has a consensus rating of “Moderate Buy” and a consensus price target of GBX 1,390.

Nichols Stock Performance

Shares of NICL opened at GBX 1,060 on Wednesday. Nichols has a one year low of GBX 880 and a one year high of GBX 1,425. The stock’s fifty day moving average is GBX 965.37 and its 200-day moving average is GBX 966.01. The firm has a market capitalization of £387.59 million, a price-to-earnings ratio of 18.17 and a beta of 0.43.

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

Nichols Company Profile