Key Points
- Insider purchase: Director Alan Williams bought 2,500 Nichols shares on December 15 at an average price of GBX 970, costing £24,250 in total.
- Analyst outlook: The consensus is a "Moderate Buy" with an average price target of GBX 1,560 (Berenberg GBX 1,820; Peel Hunt GBX 1,300), indicating potential upside from recent levels.
- Stock snapshot: Nichols opened at GBX 1,000, has a market cap of £365.63m, a P/E of 20.90 and a one-year range of GBX 930–1,480.
Nichols plc (LON:NICL - Get Free Report) insider Alan Williams bought 2,500 shares of Nichols stock in a transaction that occurred on Monday, December 15th. The stock was bought at an average cost of GBX 970 per share, with a total value of £24,250.
Nichols Stock Performance
NICL opened at GBX 1,000 on Wednesday. The company has a market capitalization of £365.63 million, a price-to-earnings ratio of 20.90 and a beta of 0.50. The business's 50-day moving average price is GBX 1,033.82 and its two-hundred day moving average price is GBX 1,190.83. Nichols plc has a 1 year low of GBX 930 and a 1 year high of GBX 1,480. The company has a debt-to-equity ratio of 1.80, a current ratio of 3.73 and a quick ratio of 2.58.
Analyst Upgrades and Downgrades
A number of equities research analysts recently issued reports on NICL shares. Peel Hunt reissued a "hold" rating and issued a GBX 1,300 target price on shares of Nichols in a research report on Tuesday, November 11th. Berenberg Bank reaffirmed a "buy" rating and set a GBX 1,820 price target on shares of Nichols in a research note on Tuesday, November 11th. One research analyst has rated the stock with a Buy rating and one has given a Hold rating to the company. According to data from MarketBeat, the company has a consensus rating of "Moderate Buy" and an average price target of GBX 1,560.
Check Out Our Latest Stock Analysis on NICL
About Nichols
(
Get Free Report)
Established in 1908, Nichols operates within the resilient soft drinks category and owns or licenses several brands. Nichols is geographically and operationally diversified, operating across three routes to market of UK Packaged, International Packaged and Out of Home.
In the UK, Nichols operates across five soft drinks sub-categories: squash, flavoured carbonates, fruit drinks, energy and flavoured water.
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