Chesnara (LON:CSN) Price Target Raised to GBX 400

Chesnara (LON:CSN) had its price target increased by Royal Bank Of Canada from GBX 360 to GBX 400 in a research report report published on Thursday, Marketbeat.com reports. Royal Bank Of Canada currently has an outperform rating on the stock.

Separately, Berenberg Bank upped their price objective on Chesnara from GBX 404 to GBX 437 and gave the stock a “buy” rating in a research report on Wednesday. Two equities research analysts have rated the stock with a Buy rating, According to MarketBeat.com, the stock has an average rating of “Buy” and a consensus price target of GBX 418.50.

Chesnara Trading Up 4.7%

Shares of LON CSN opened at GBX 376 on Thursday. The stock has a fifty day simple moving average of GBX 336.99 and a 200-day simple moving average of GBX 320.51. Chesnara has a twelve month low of GBX 264.58 and a twelve month high of GBX 376. The stock has a market capitalization of £867.44 million, a PE ratio of -74.46 and a beta of 0.52.

Chesnara (LON:CSN) last announced its earnings results on Tuesday, August 25th. The company reported GBX 0.22 earnings per share for the quarter. Chesnara had a net margin of 0.04% and a return on equity of 0.25%. On average, equities analysts predict that Chesnara will post 25.3183154 earnings per share for the current year.

Insider Buying and Selling at Chesnara

In other Chesnara news, insider Tom Howard bought 14,490 shares of the business’s stock in a transaction dated Tuesday, August 25th. The stock was acquired at an average cost of GBX 343 per share, with a total value of £49,700.70. Also, insider Steve Murray purchased 13,102 shares of the stock in a transaction dated Tuesday, August 25th. The shares were bought at an average cost of GBX 342 per share, for a total transaction of £44,808.84. Insiders acquired a total of 29,045 shares of company stock worth $9,947,880 over the last three months. 0.87% of the stock is currently owned by corporate insiders.

About Chesnara

Chesnara (CSN.L) is a European life and pensions consolidator listed on the London Stock Exchange. It administers approximately one million policies and operates as Countrywide Assured in the UK, as The Waard Group and Scildon in the Netherlands, and as Movestic in Sweden.

Following a three-pillar strategy, Chesnara’s primary responsibility is the efficient administration of its customers’ life and savings policies, ensuring good customer outcomes and providing a secure and compliant environment to protect policyholder interests.