Nichols (LON:NICL) Sets New 1-Year Low – What’s Next?

Nichols plc (LON:NICL) hit a new 52-week low on Monday . The company traded as low as GBX 982 and last traded at GBX 1,010, with a volume of 20425 shares. The stock had previously closed at GBX 1,015.

Analyst Upgrades and Downgrades

NICL has been the topic of a number of research reports. Peel Hunt reiterated a “hold” rating and set a GBX 1,300 target price on shares of Nichols in a research report on Tuesday, November 11th. Berenberg Bank restated a “buy” rating and issued a GBX 1,820 price objective on shares of Nichols in a research report on Tuesday, November 11th. One equities research analyst has rated the stock with a Buy rating and one has assigned a Hold rating to the stock. According to MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and an average target price of GBX 1,560.

Nichols Stock Performance

The company has a market cap of £369.29 million, a price-to-earnings ratio of 21.11 and a beta of 0.50. The firm’s 50-day moving average price is GBX 1,074.24 and its 200 day moving average price is GBX 1,215.25. The company has a debt-to-equity ratio of 1.80, a quick ratio of 2.58 and a current ratio of 3.73.

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.