Go Pro

Chesnara (LON:CSN) Reaches New 12-Month High - Should You Buy?

Chesnara logo with Finance background
Image from MarketBeat Media, LLC.

Shares of Chesnara plc (LON:CSN - Get Free Report) reached a new 52-week high during trading on Tuesday . The stock traded as high as GBX 378 and last traded at GBX 369, with a volume of 5131742 shares traded. The stock had previously closed at GBX 376.

Analysts Set New Price Targets

A number of research analysts recently commented on CSN shares. Berenberg Bank boosted their price objective on shares of Chesnara from GBX 404 to GBX 437 and gave the company a "buy" rating in a research report on Wednesday, August 26th. Royal Bank Of Canada increased their target price on shares of Chesnara from GBX 360 to GBX 400 and gave the stock an "outperform" rating in a research report on Thursday, August 27th. Two investment analysts have rated the stock with a Buy rating, According to MarketBeat.com, Chesnara presently has a consensus rating of "Buy" and a consensus target price of GBX 418.50.

Get Our Latest Stock Analysis on Chesnara

Chesnara Trading Down 1.7%

The firm has a 50-day simple moving average of GBX 337.80 and a two-hundred day simple moving average of GBX 321.08. The company has a market capitalization of £852.44 million, a price-to-earnings ratio of -73.17 and a beta of 0.52.

Chesnara (LON:CSN - Get Free Report) last announced its quarterly earnings results on Tuesday, August 25th. The company reported GBX 0.22 earnings per share (EPS) for the quarter. Chesnara had a return on equity of 0.25% and a net margin of 0.04%. On average, sell-side analysts forecast that Chesnara plc will post 25.3183154 earnings per share for the current year.

Insider Activity at Chesnara

In other Chesnara news, insider Tom Howard bought 14,490 shares of the firm's stock in a transaction on Tuesday, August 25th. The stock was bought at an average cost of GBX 343 per share, with a total value of £49,700.70. Also, insider Steve Murray purchased 13,102 shares of the company's stock in a transaction dated Tuesday, August 25th. The shares were acquired at an average price of GBX 342 per share, for a total transaction of £44,808.84. In the last ninety days, insiders have purchased 29,045 shares of company stock worth $9,947,880. Insiders own 0.87% of the company's stock.

Chesnara Company Profile

(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.

Continue following MarketBeat
Add MarketBeat as your preferred source on Google to see our latest stories in your feed.

Should You Invest $1,000 in Chesnara Right Now?

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

10 Stocks Powering The Next AI Boom  Cover

The AI boom is creating opportunities across semiconductors, cloud computing, enterprise software, infrastructure, cybersecurity, and automation.

Inside this report, you’ll find 10 companies positioned to benefit as artificial intelligence moves from hype to real-world deployment and becomes a core growth driver for corporate America.

Get This Free Report
Like this article? Share it with a colleague.

Featured Articles and Offers

Recent Videos

Stock Lists

All Stock Lists

Investing Tools

Calendars and Tools

Search Headlines