Nichols (LON:NICL) Earns “Buy” Rating from Berenberg Bank

Nichols (LON:NICL)‘s stock had its “buy” rating restated by research analysts at Berenberg Bank in a research note issued on Wednesday,Digital Look reports. They currently have a GBX 1,720 price target on the stock. Berenberg Bank’s target price points to a potential upside of 66.66% from the company’s previous close.

Separately, Deutsche Bank Aktiengesellschaft reissued a “buy” rating and set a GBX 1,150 price objective 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.com, the stock presently has an average rating of “Moderate Buy” and a consensus price target of GBX 1,390.

Nichols Trading Up 1.7%

Shares of Nichols stock opened at GBX 1,032.06 on Wednesday. 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 12-month low of GBX 880 and a 12-month high of GBX 1,430. The firm has a market capitalization of £377.37 million, a price-to-earnings ratio of 17.69 and a beta of 0.43. The firm’s 50 day simple moving average is GBX 958.90 and its two-hundred day simple moving average is GBX 964.22.

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