Insider Buying: Nichols (LON:NICL) Insider Purchases 470 Shares of Stock

Nichols plc (LON:NICL) insider Elizabeth McMeikan purchased 470 shares of the business’s stock in a transaction that occurred on Wednesday, August 12th. The stock was bought at an average cost of GBX 1,059 per share, for a total transaction of £4,977.30.

Nichols Price Performance

Shares of NICL stock opened at GBX 1,072.16 on Thursday. The firm has a fifty day moving average of GBX 983.19 and a two-hundred day moving average of GBX 968.74. The firm has a market cap of £392.04 million, a P/E ratio of 16.47 and a beta of 0.45. Nichols plc has a 1-year low of GBX 880 and a 1-year high of GBX 1,272.97. The company has a debt-to-equity ratio of 3.08, a current ratio of 3.53 and a quick ratio of 2.58.

Nichols (LON:NICL) last issued its quarterly earnings results on Wednesday, July 29th. The company reported GBX 30.30 EPS for the quarter. Nichols had a net margin of 13.39% and a return on equity of 24.74%. As a group, research analysts anticipate that Nichols plc will post 62.4371859 earnings per share for the current fiscal year.

Analysts Set New Price Targets

Several research analysts have recently commented on NICL shares. Deutsche Bank Aktiengesellschaft reiterated a “buy” rating and issued a GBX 1,150 target price on shares of Nichols in a research report on Thursday, July 30th. Berenberg Bank lifted their price objective on shares of Nichols from GBX 1,720 to GBX 1,750 and gave the stock a “buy” rating in a report on Monday. Two equities research analysts have rated the stock with a Buy rating and one has given a Hold rating to the company. According to MarketBeat.com, the company has an average rating of “Moderate Buy” and an average target price of GBX 1,400.

About Nichols