Chesnara’s (CSN) Hold Rating Reaffirmed at Peel Hunt

Peel Hunt reiterated their hold rating on shares of Chesnara (LON:CSN) in a research report report published on Tuesday, ThisIsMoney.Co.Uk reports. They currently have a GBX 280 ($3.66) price objective on the stock, down from their previous price objective of GBX 290 ($3.79).

Other analysts have also issued research reports about the stock. Peel Hunt raised shares of Chesnara to a hold rating and set a GBX 290 ($3.79) price objective for the company in a report on Wednesday, August 28th. Shore Capital reiterated a house stock rating on shares of Chesnara in a research report on Thursday, August 29th.

LON:CSN traded down GBX 6 ($0.08) during mid-day trading on Tuesday, hitting GBX 270 ($3.53). The company’s stock had a trading volume of 91,754 shares, compared to its average volume of 85,656. The company has a market capitalization of $405.92 million and a price-to-earnings ratio of 7.18. The company has a current ratio of 41.87, a quick ratio of 40.41 and a debt-to-equity ratio of 21.79. Chesnara has a fifty-two week low of GBX 250.68 ($3.28) and a fifty-two week high of GBX 389.50 ($5.09). The stock has a fifty day moving average of GBX 268.89 and a 200-day moving average of GBX 316.44.

In other Chesnara news, insider Mark Hesketh bought 5,000 shares of the stock in a transaction that occurred on Thursday, August 29th. The stock was acquired at an average cost of GBX 302 ($3.95) per share, with a total value of £15,100 ($19,730.82).

About Chesnara

Chesnara plc, together with its subsidiaries, engages in life assurance and pension businesses primarily in the United Kingdom, the Netherlands, and Sweden. The company operates through CA, Movestic, Waard Group, and Scildon segments. It underwrites life risks, such as death, disability, health, and accident; and provides a portfolio of investment contracts for the savings and retirement needs of customers through asset management.

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