Investec Upgrades Nichols plc to “Hold” (NICL)
Nichols plc (LON:NICL) was upgraded by analysts at Investec to a “hold” rating in a research report issued to clients and investors on Monday, Analyst Ratings Net reports. The firm currently has a GBX 1,122 ($18.90) target price on the stock, up from their previous target price of GBX 1,055 ($17.77). Investec’s price target indicates a potential upside of 4.68% from the stock’s previous close.
NICL has been the subject of a number of other recent research reports. Analysts at Panmure Gordon reiterated a “buy” rating on shares of Nichols plc in a research note on Wednesday, April 30th. They now have a GBX 1,135 ($19.12) price target on the stock. 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 (LON:NICL) opened at 1071.8788 on Monday. Nichols plc has a 52-week low of GBX 950.00 and a 52-week high of GBX 1240.00. The stock has a 50-day moving average of GBX 1034.68 and a 200-day moving average of GBX 1130..
Nichols plc is engaged in the supply of soft drinks to the retail, wholesale, catering, licensed and leisure industries.
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