Chesnara (LON:CSN) Given Outperform Rating at Royal Bank Of Canada

Key Points

• Chesnara has been given an outperform rating by Royal Bank of Canada, with a price target of GBX 320 ($4.30), indicating a potential upside of 23.27% from its current stock price.
• As of Monday, shares opened at GBX 259.59 ($3.49) and the company has a market capitalization of £394.99 million with a PE ratio of 94.68.
• Insider Tom Howard sold 89,042 shares of Chesnara stock at an average price of GBX 261 ($3.51), totaling approximately £232,399.62 ($312,281.13).

Chesnara (LON:CSN - Get Free Report)'s stock had its "outperform" rating restated by stock analysts at Royal Bank Of Canada in a research note issued to investors on Monday,London Stock Exchange reports. They currently have a GBX 320 ($4.30) price target on the stock. Royal Bank Of Canada's price target points to a potential upside of 23.27% from the company's current price.

Chesnara Price Performance

Shares of LON CSN opened at GBX 259.59 ($3.49) on Monday. The company has a debt-to-equity ratio of 62.42, a quick ratio of 38.06 and a current ratio of 2.55. The firm has a fifty day moving average of GBX 283.23 and a 200 day moving average of GBX 270.15. The firm has a market cap of £394.99 million, a PE ratio of 94.68 and a beta of 0.44. Chesnara has a one year low of GBX 238 ($3.20) and a one year high of GBX 304.50 ($4.09).

Insiders Place Their Bets

In related news, insider Tom Howard sold 89,042 shares of Chesnara stock in a transaction dated Thursday, July 24th. The stock was sold at an average price of GBX 261 ($3.51), for a total value of £232,399.62 ($312,281.13). Corporate insiders own 5.47% of the company's stock.

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.

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