Nichols plc (NICL) Price Target Raised to GBX 1,380
Nichols plc (LON:NICL) had its price objective upped by analysts at Numis Securities Ltd from GBX 1,342 ($17.52) to GBX 1,380 ($18.01) in a research note issued to investors on Tuesday. The firm presently has a “hold” rating on the stock. Numis Securities Ltd’s price target would suggest a potential downside of 1.43% from the stock’s previous close.
Other equities analysts have also issued reports about the company. Shore Capital reaffirmed a “hold” rating on shares of Nichols plc in a research note on Thursday, May 5th. Berenberg Bank reaffirmed a “buy” rating and issued a GBX 1,475 ($19.25) price objective on shares of Nichols plc in a research note on Tuesday, April 19th.
Nichols plc (LON:NICL) traded up 0.7194% during midday trading on Tuesday, hitting GBX 1395.0966. The stock had a trading volume of 59,593 shares. Nichols plc has a 12-month low of GBX 1,086.00 and a 12-month high of GBX 1,489.00. The company’s market cap is GBX 514.08 million. The company has a 50-day moving average price of GBX 1,402.24 and a 200-day moving average price of GBX 1,375.85.
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In related news, insider Millard ,Marnie sold 8,254 shares of the firm’s stock in a transaction dated Monday, August 8th. The stock was sold at an average price of GBX 1,400 ($18.27), for a total transaction of £115,556 ($150,836.71).
About Nichols plc
Nichols plc is a United Kingdom-based company engaged in international soft drinks business with sales in over 70 countries, selling products in both the Still and Carbonate categories. The Company’s segments are Still and Carbonate. It offers Vimto brand, which is offered in the United Kingdom and around the world, in particular in the Middle East and Africa.
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