Deutsche Bank Aktiengesellschaft Issues Pessimistic Forecast for Nichols (LON:NICL) Stock Price

Nichols (LON:NICL) had its price objective lowered by Deutsche Bank Aktiengesellschaft from GBX 1,250 to GBX 1,150 in a research report issued to clients and investors on Wednesday, Marketbeat Ratings reports. The firm currently has a “hold” rating on the stock. Deutsche Bank Aktiengesellschaft’s price target would suggest a potential upside of 12.75% from the company’s current price.

NICL has been the topic of several other reports. Peel Hunt reiterated a “hold” rating and set a GBX 1,300 price target on shares of Nichols in a research report on Tuesday, November 11th. Berenberg Bank reaffirmed a “buy” rating and issued a GBX 1,820 target price on shares of Nichols in a research note on Tuesday, November 11th. One research analyst has rated the stock with a Buy rating and two have assigned a Hold rating to the company. According to MarketBeat.com, Nichols currently has a consensus rating of “Hold” and a consensus target price of GBX 1,423.33.

Nichols Stock Performance

Shares of NICL stock opened at GBX 1,020 on Wednesday. The firm’s 50 day moving average is GBX 986.31 and its 200 day moving average is GBX 1,128.15. The stock has a market capitalization of £372.94 million, a P/E ratio of 21.32 and a beta of 0.50. Nichols has a 12 month low of GBX 924 and a 12 month high of GBX 1,480. The company has a current ratio of 3.73, a quick ratio of 2.58 and a debt-to-equity ratio of 1.80.

Insider Buying and Selling

In other news, insider Alan Williams purchased 2,500 shares of the stock in a transaction that occurred on Monday, December 15th. The stock was bought at an average cost of GBX 970 per share, for a total transaction of £24,250. 9.02% of the stock is owned by corporate insiders.

About Nichols