Nichols (LON:NICL) Issues Earnings Results

Nichols (LON:NICL) released its quarterly earnings data on Wednesday. The company reported GBX 67.53 earnings per share for the quarter, Digital Look Earnings reports. Nichols had a net margin of 12.25% and a return on equity of 23.59%.

Nichols Price Performance

LON NICL opened at GBX 982 on Friday. Nichols has a 1 year low of GBX 880 and a 1 year high of GBX 1,480. The company has a market capitalization of £359.05 million, a PE ratio of 20.53 and a beta of 0.50. The company has a fifty day moving average of GBX 985.27 and a 200 day moving average of GBX 1,037.48.

Wall Street Analysts Forecast Growth

A number of research analysts have weighed in on the stock. Deutsche Bank Aktiengesellschaft dropped their target price on shares of Nichols from GBX 1,250 to GBX 1,150 and set a “hold” rating on the stock in a research note on Wednesday, January 14th. Berenberg Bank dropped their price objective on Nichols from GBX 1,820 to GBX 1,720 and set a “buy” rating on the stock in a research report on Wednesday. One investment analyst has rated the stock with a Buy rating and two have assigned a Hold rating to the company’s stock. Based on data from MarketBeat, the stock presently has an average rating of “Hold” and a consensus price target of GBX 1,390.

Insider Activity at Nichols

In other Nichols news, insider Alan Williams purchased 2,500 shares of the stock in a transaction dated Monday, December 15th. The shares were bought at an average price of GBX 970 per share, with a total value of £24,250. 9.05% of the stock is currently owned by company insiders.

About Nichols