Nichols (NICL) Given New GBX 1,680 Price Target at Numis Securities

Nichols (LON:NICL) had its price target lowered by Numis Securities from GBX 1,890 ($25.27) to GBX 1,680 ($22.46) in a research note issued to investors on Friday. The brokerage presently has a “hold” rating on the stock. Numis Securities’ price target indicates a potential upside of 7.87% from the company’s previous close.

A number of other research firms have also recently commented on NICL. Shore Capital cut Nichols to a “sell” rating in a report on Tuesday, December 19th. N+1 Singer reissued a “corporate” rating on shares of Nichols in a report on Tuesday, December 19th. One research analyst has rated the stock with a sell rating, one has assigned a hold rating and two have given a buy rating to the stock. Nichols currently has a consensus rating of “Hold” and an average price target of GBX 1,926.67 ($25.76).

Nichols (LON:NICL) opened at GBX 1,557.50 ($20.82) on Friday. Nichols has a twelve month low of GBX 1,386 ($18.53) and a twelve month high of GBX 1,961 ($26.22). The company has a market capitalization of $574.86 and a P/E ratio of 2,257.25.

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Nichols Company Profile

Nichols plc is a United Kingdom-based soft drinks company. The Company is engaged in the supply of soft drinks to the retail, wholesale, catering, licensed and leisure industries. Its segments include Still and Carbonate. The Company offers products under the Vimto brand, as well as Feel Good, Starslush, Levi Roots and Sunkist brands.

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