Insider Buying: Nichols (LON:NICL) Insider Purchases £4,977.30 in Stock

Nichols plc (LON:NICL) insider Elizabeth McMeikan purchased 470 shares of the company’s stock in a transaction on Wednesday, August 12th. The stock was bought at an average cost of GBX 1,059 per share, for a total transaction of £4,977.30.

Nichols Stock Up 3.3%

Shares of LON:NICL opened at GBX 1,110 on Friday. The company has a market cap of £405.87 million, a PE ratio of 17.05 and a beta of 0.45. The firm has a 50 day simple moving average of GBX 989.09 and a 200 day simple moving average of GBX 970.19. The company has a debt-to-equity ratio of 3.08, a quick ratio of 2.58 and a current ratio of 3.53. Nichols plc has a 52 week low of GBX 880 and a 52 week high of GBX 1,272.97.

Nichols (LON:NICL) last announced its quarterly earnings results on Wednesday, July 29th. The company reported GBX 30.30 EPS for the quarter. Nichols had a net margin of 13.39% and a return on equity of 24.74%. As a group, research analysts expect that Nichols plc will post 62.4371859 earnings per share for the current year.

Wall Street Analysts Forecast Growth

NICL has been the subject of a number of analyst reports. Berenberg Bank lifted their price target on shares of Nichols from GBX 1,720 to GBX 1,750 and gave the company a “buy” rating in a research report on Monday, August 10th. Deutsche Bank Aktiengesellschaft reissued a “buy” rating and set a GBX 1,150 target price on shares of Nichols in a report on Thursday, July 30th. 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 currently has a consensus rating of “Moderate Buy” and a consensus target price of GBX 1,400.

Nichols Company Profile