Shore Capital Reaffirms “Hold” Rating for Nichols plc (NICL)

Nichols plc (LON:NICL)‘s stock had its “hold” rating reiterated by analysts at Shore Capital in a note issued to investors on Thursday, July 20th.

Several other brokerages have also commented on NICL. Berenberg Bank restated a “buy” rating and set a GBX 1,800 ($23.37) price target on shares of Nichols plc in a research note on Tuesday, April 25th. Whitman Howard restated a “buy” rating and set a GBX 2,300 ($29.86) price target on shares of Nichols plc in a research note on Thursday, July 20th. Finally, N+1 Singer restated a “corporate” rating on shares of Nichols plc in a research note on Wednesday, April 26th. Two analysts have rated the stock with a hold rating and two have issued a buy rating to the stock. Nichols plc currently has an average rating of “Buy” and a consensus price target of GBX 1,906.67 ($24.75).

Shares of Nichols plc (NICL) traded down 0.78% during mid-day trading on Thursday, reaching GBX 1846.00. 1,527 shares of the company were exchanged. The firm’s 50-day moving average is GBX 1,862.70 and its 200-day moving average is GBX 1,793.84. Nichols plc has a 12 month low of GBX 1,375.00 and a 12 month high of GBX 1,961.00. The company’s market capitalization is GBX 680.31 million.

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About Nichols plc

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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