Nichols (NICL) PT Lowered to GBX 1,680 at Numis Securities

Nichols (LON:NICL) had its price objective dropped by Numis Securities from GBX 1,890 ($25.63) to GBX 1,680 ($22.78) in a research note issued on Friday, January 5th. The brokerage presently has a “hold” rating on the stock. Numis Securities’ price target would suggest a potential upside of 15.86% from the company’s current price.

Several other brokerages have also recently commented on NICL. N+1 Singer reiterated a “corporate” rating on shares of Nichols in a research report on Tuesday, December 19th. Shore Capital cut shares of Nichols to a “sell” rating in a research report on Tuesday, December 19th. One equities research analyst has rated the stock with a sell rating, one has given a hold rating and two have given a buy rating to the company. The stock has an average rating of “Hold” and an average target price of GBX 1,926.67 ($26.13).

Nichols (LON:NICL) opened at GBX 1,495.50 ($20.28) on Friday. The company has a market cap of $552.87 and a price-to-earnings ratio of 2,167.39. Nichols has a 1-year low of GBX 1,386 ($18.80) and a 1-year high of GBX 1,961 ($26.59).

TRADEMARK VIOLATION NOTICE: “Nichols (NICL) PT Lowered to GBX 1,680 at Numis Securities” was first posted by Dispatch Tribunal and is owned by of Dispatch Tribunal. If you are reading this piece on another domain, it was copied illegally and reposted in violation of U.S. and international trademark & copyright law. The original version of this piece can be read at https://www.dispatchtribunal.com/2018/01/12/nichols-nicl-given-new-gbx-1680-price-target-at-numis-securities.html.

About Nichols

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