Chesnara plc (LON:CSN - Get Free Report)'s stock price passed above its 200-day moving average during trading on Friday . The stock has a 200-day moving average of GBX 296.56 and traded as high as GBX 316.50. Chesnara shares last traded at GBX 313.83, with a volume of 477,470 shares trading hands.
Analyst Ratings Changes
A number of brokerages have recently issued reports on CSN. Berenberg Bank boosted their price objective on Chesnara from GBX 333 to GBX 339 and gave the company a "buy" rating in a research note on Wednesday, April 8th. Royal Bank Of Canada dropped their price objective on Chesnara from GBX 370 to GBX 360 and set an "outperform" rating on the stock in a research note on Wednesday, April 15th. Two investment analysts have rated the stock with a Buy rating, According to MarketBeat, the stock currently has a consensus rating of "Buy" and an average price target of GBX 349.50.
Read Our Latest Research Report on Chesnara
Chesnara Trading Up 0.7%
The firm has a market capitalization of £723.71 million, a P/E ratio of -62.14 and a beta of 0.52. The business has a 50-day moving average of GBX 303.57 and a 200 day moving average of GBX 296.56.
Chesnara (LON:CSN - Get Free Report) last posted its earnings results on Tuesday, March 24th. The company reported GBX (5.05) earnings per share (EPS) for the quarter. Chesnara had a negative return on equity of 2.93% and a negative net margin of 1.01%. As a group, research analysts forecast that Chesnara plc will post 25.3183154 EPS for the current year.
Insiders Place Their Bets
In other Chesnara news, insider Steve Murray acquired 17,327 shares of the stock in a transaction that occurred on Tuesday, March 24th. The shares were bought at an average price of GBX 293 per share, for a total transaction of £50,768.11. Also, 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 value of £43,925.50. Company insiders own 0.75% of the company's stock.
About Chesnara
(
Get Free Report)
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.
See Also
This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.
Before you consider Chesnara, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Chesnara wasn't on the list.
While Chesnara currently has a Buy rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Wondering what the next stocks will be that hit it big, with solid fundamentals? Click the link to see which stocks MarketBeat analysts could become the next blockbuster growth stocks.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
