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

Chesnara plc (LON:CSNGet Free Report) reached a new 52-week high during mid-day trading on Tuesday . The stock traded as high as GBX 344 and last traded at GBX 338.50, with a volume of 400262 shares traded. The stock had previously closed at GBX 338.50.

Analysts Set New Price Targets

CSN has been the topic of several research reports. Royal Bank Of Canada dropped their price objective on shares of Chesnara from GBX 370 to GBX 360 and set an “outperform” rating on the stock in a report on Wednesday, April 15th. Berenberg Bank lifted their target price on Chesnara from GBX 373 to GBX 404 and gave the stock a “buy” rating in a research report on Friday. Two equities research analysts have rated the stock with a Buy rating, According to data from MarketBeat, the stock currently has an average rating of “Buy” and a consensus price target of GBX 382.

Read Our Latest Report on CSN

Chesnara Stock Performance

The business has a 50-day moving average price of GBX 329.27 and a 200-day moving average price of GBX 314.69. The company has a quick ratio of 38.06, a current ratio of 2.92 and a debt-to-equity ratio of 49.41. The firm has a market capitalization of £780.81 million, a P/E ratio of -67.03 and a beta of 0.52.

Insider Transactions at Chesnara

In other news, insider Tom Howard sold 55,544 shares of the 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. 0.82% of the stock is owned by company insiders.

Chesnara Company Profile

(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

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