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.

TRADEMARK VIOLATION NOTICE: “Nichols (NICL) Given New GBX 1,680 Price Target at Numis Securities” was first reported by American Banking News and is the sole property of of American Banking News. If you are viewing this piece of content on another publication, it was illegally copied and reposted in violation of US & international copyright and trademark law. The legal version of this piece of content can be viewed at https://www.americanbankingnews.com/2018/01/07/nichols-nicl-given-new-gbx-1680-price-target-at-numis-securities.html.

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.

Receive News & Ratings for Nichols Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Nichols and related companies with MarketBeat.com's FREE daily email newsletter.

Leave a Reply