Nichols (LON:NICL – Get Free Report) released its quarterly earnings results on Wednesday. Nichols Trading Up 1.3%NICL traded up GBX 13.03 during midday trading on Wednesday, hitting GBX 1,028.03. The firm has a 50-day moving average price of GBX 958.90 and a two-hundred day moving average price of GBX 964.22. Berenberg Bank reissued a “buy” rating and issued a GBX 1,720 target price on shares of Nichols in a research note on Wednesday. Two investment analysts have rated the stock with a Buy rating and one has issued a Hold rating to the company.