Chesnara (LON:CSN) Reaches New 12-Month High – Here’s What Happened

Chesnara plc (LON:CSNGet Free Report)’s share price hit a new 52-week high on Tuesday . The company traded as high as GBX 344 and last traded at GBX 338.50, with a volume of 400262 shares. The stock had previously closed at GBX 338.50.

Analyst Upgrades and Downgrades

Several analysts recently issued reports on the stock. Royal Bank Of Canada decreased their price objective on shares of Chesnara from GBX 370 to GBX 360 and set an “outperform” rating for the company in a report on Wednesday, April 15th. Berenberg Bank boosted their target price on shares of Chesnara from GBX 373 to GBX 404 and gave the stock a “buy” rating in a research report on Friday. Two investment analysts have rated the stock with a Buy rating, According to data from MarketBeat.com, Chesnara currently has an average rating of “Buy” and a consensus target price of GBX 382.

Read Our Latest Research Report on Chesnara

Chesnara Price Performance

The stock has a market cap of £780.81 million, a price-to-earnings ratio of -67.03 and a beta of 0.52. The stock has a fifty day simple moving average of GBX 329.27 and a 200-day simple moving average of GBX 314.69. The company has a current ratio of 2.92, a quick ratio of 38.06 and a debt-to-equity ratio of 49.41.

Insider Activity

In other news, insider Tom Howard sold 55,544 shares of the firm’s stock in a transaction on Monday, May 18th. The shares were sold at an average price of GBX 319, for a total value of £177,185.36. Insiders own 0.82% of the company’s stock.

About Chesnara

(Get Free Report)

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.

Further Reading

Receive News & Ratings for Chesnara Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Chesnara and related companies with MarketBeat.com's FREE daily email newsletter.