Nichols (LON:NICL – Get Free Report) released its quarterly earnings results on Wednesday. The company reported GBX 30.30 earnings per share for the quarter, Digital Look Earnings reports. Nichols had a net margin of 13.39% and a return on equity of 24.74%.
Nichols Trading Up 1.0%
NICL stock opened at GBX 1,050.68 on Friday. Nichols has a twelve month low of GBX 880 and a twelve month high of GBX 1,425. The company has a market capitalization of £384.18 million, a P/E ratio of 18.01 and a beta of 0.43. The firm has a 50 day simple moving average of GBX 963.13 and a 200-day simple moving average of GBX 965.34.
Analyst Upgrades and Downgrades
A number of research firms have weighed in on NICL. Deutsche Bank Aktiengesellschaft reissued a “buy” rating and issued a GBX 1,150 price objective on shares of Nichols in a research report on Thursday. Berenberg Bank reaffirmed a “buy” rating and set a GBX 1,720 target price on shares of Nichols in a research report on Wednesday. Two research analysts have rated the stock with a Buy rating and one has given a Hold rating to the company’s stock. 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.
About Nichols
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