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

Nichols plc (LON:NICLGet Free Report)’s share price passed above its 200-day moving average during trading on Friday . The stock has a 200-day moving average of GBX 964.43 and traded as high as GBX 997.86. Nichols shares last traded at GBX 962, with a volume of 31,059 shares traded.

Analysts Set New Price Targets

A number of brokerages have recently issued reports on NICL. Berenberg Bank reaffirmed a “buy” rating and set a GBX 1,720 price objective on shares of Nichols in a research note on Tuesday, April 21st. Deutsche Bank Aktiengesellschaft reissued a “buy” rating and issued a GBX 1,150 target price on shares of Nichols in a research note on Wednesday, April 22nd. Two research analysts have rated the stock with a Buy rating and one has given a Hold rating to the stock. Based on data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and a consensus price target of GBX 1,390.

Read Our Latest Stock Report on NICL

Nichols Stock Performance

The stock has a market cap of £351.76 million, a PE ratio of 16.49 and a beta of 0.44. 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 business has a 50 day moving average price of GBX 948.39 and a two-hundred day moving average price of GBX 964.43.

About Nichols

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