Alan Williams Acquires 2,500 Shares of Nichols (LON:NICL) Stock

Nichols plc (LON:NICL) insider Alan Williams acquired 2,500 shares of the stock in a transaction on Monday, December 15th. The stock was purchased at an average cost of GBX 970 per share, with a total value of £24,250.

Nichols Trading Down 0.6%

LON NICL opened at GBX 956.26 on Tuesday. The stock has a market cap of £349.64 million, a P/E ratio of 19.99 and a beta of 0.50. The company’s fifty day simple moving average is GBX 1,036.32 and its 200-day simple moving average is GBX 1,193.26. The company has a current ratio of 3.73, a quick ratio of 2.58 and a debt-to-equity ratio of 1.80. Nichols plc has a 52 week low of GBX 930 and a 52 week high of GBX 1,480.

Wall Street Analysts Forecast Growth

A number of equities analysts have commented on NICL shares. Peel Hunt reiterated a “hold” rating and issued a GBX 1,300 price objective on shares of Nichols in a report on Tuesday, November 11th. Berenberg Bank reaffirmed a “buy” rating and set a GBX 1,820 target price on shares of Nichols in a research report on Tuesday, November 11th. One analyst has rated the stock with a Buy rating and one has given a Hold rating to the stock. According to data from MarketBeat.com, Nichols has a consensus rating of “Moderate Buy” and a consensus target price of GBX 1,560.

Nichols Company Profile

Established in 1908, Nichols operates within the resilient soft drinks category and owns or licenses several brands. Nichols is geographically and operationally diversified, operating across three routes to market of UK Packaged, International Packaged and Out of Home.

In the UK, Nichols operates across five soft drinks sub-categories: squash, flavoured carbonates, fruit drinks, energy and flavoured water.