Nichols (LON:NICL) Stock Price Passes Above 200 Day Moving Average – Should You Sell?

Nichols plc (LON:NICL) shares passed above its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of GBX 962.51 and traded as high as GBX 990. Nichols shares last traded at GBX 980, with a volume of 29,567 shares trading hands.

Analysts Set New Price Targets

A number of equities analysts recently issued reports on the stock. Deutsche Bank Aktiengesellschaft reaffirmed a “buy” rating and set a GBX 1,150 target price on shares of Nichols in a research report on Wednesday, April 22nd. Berenberg Bank reissued a “buy” rating and issued a GBX 1,720 price target on shares of Nichols in a report on Friday, June 26th. Two research analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the company. According to data from MarketBeat, the company currently has an average rating of “Moderate Buy” and an average price target of GBX 1,390.

Nichols Stock Down 0.6%

The firm has a 50 day moving average of GBX 954.38 and a 200-day moving average of GBX 962.82. The company has a debt-to-equity ratio of 4.97, a current ratio of 3.63 and a quick ratio of 2.58. The stock has a market capitalization of £362.72 million, a P/E ratio of 17.01 and a beta of 0.43.

Nichols Company Profile