Chesnara (LON:CSN) Price Target Lowered to GBX 360 at Royal Bank Of Canada

Chesnara (LON:CSN) had its target price trimmed by Royal Bank Of Canada from GBX 370 to GBX 360 in a report issued on Wednesday morning, Marketbeat.com reports. The firm currently has an outperform rating on the stock.

Separately, Berenberg Bank increased their target price on Chesnara from GBX 333 to GBX 339 and gave the stock a “buy” rating in a report on Wednesday, April 8th. Two equities research analysts have rated the stock with a Buy rating, Based on data from MarketBeat.com, the stock currently has an average rating of “Buy” and an average target price of GBX 349.50.

Chesnara Price Performance

Shares of LON:CSN opened at GBX 307 on Wednesday. The business’s fifty day moving average price is GBX 306.06 and its two-hundred day moving average price is GBX 292.99. The stock has a market capitalization of £707.89 million, a price-to-earnings ratio of -60.79 and a beta of 0.52. Chesnara has a fifty-two week low of GBX 245.79 and a fifty-two week high of GBX 335.

Chesnara (LON:CSN) last announced its earnings results on Tuesday, March 24th. The company reported GBX (5.05) EPS for the quarter. Chesnara had a negative return on equity of 2.93% and a negative net margin of 1.01%. Research analysts expect that Chesnara will post 25.3183154 EPS for the current fiscal year.

Insider Buying and Selling at Chesnara

In other news, insider Tom Howard sold 14,890 shares of the stock in a transaction on Wednesday, March 25th. The stock was sold at an average price of GBX 295, for a total transaction of £43,925.50. Also, insider Steve Murray purchased 17,327 shares of the firm’s stock in a transaction that occurred on Tuesday, March 24th. The stock was purchased at an average price of GBX 293 per share, for a total transaction of £50,768.11. 0.75% of the stock is currently owned by corporate insiders.

Chesnara Company Profile

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.