Panmure Gordon Reiterates “Buy” Rating for Nichols plc (NICL)
Nichols plc (LON:NICL)‘s stock had its “buy” rating reiterated by analysts at Panmure Gordon in a research report issued to clients and investors on Friday, Stock Ratings Network.com reports. They currently have a GBX 1,135 ($19.12) price target on the stock. Panmure Gordon’s target price suggests a potential upside of 5.39% from the company’s current price.
Nichols plc (LON:NICL) traded down 0.07% on Friday, hitting GBX 1076.25. 5,047 shares of the company’s stock traded hands. Nichols plc has a 52 week low of GBX 950.00 and a 52 week high of GBX 1240.00. The stock’s 50-day moving average is GBX 1032. and its 200-day moving average is GBX 1131..
Other equities research analysts have also recently issued reports about the stock. Analysts at Investec upgraded shares of Nichols plc to a “hold” rating in a research note on Monday. They now have a GBX 1,122 ($18.90) price target on the stock, up previously from GBX 1,055 ($17.77). Separately, analysts at N+1 Singer reiterated a “corporate” rating on shares of Nichols plc in a research note on Wednesday, April 30th. Finally, analysts at N+1 Singer reiterated a “corporate” rating on shares of Nichols plc in a research note on Thursday, March 13th.
Nichols plc is engaged in the supply of soft drinks to the retail, wholesale, catering, licensed and leisure industries.
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