Nichols (LON:NICL) Earns “Hold” Rating from Shore Capital

Shore Capital restated their hold rating on shares of Nichols (LON:NICL) in a report issued on Friday morning, ThisIsMoney.Co.Uk reports.

Several other research analysts also recently commented on the stock. HSBC reissued a hold rating on shares of Nichols in a research note on Friday, June 28th. Berenberg Bank reissued a hold rating and set a GBX 1,600 ($20.91) price target on shares of Nichols in a research note on Monday, August 12th. Finally, Numis Securities reissued a hold rating and set a GBX 1,650 ($21.56) price target on shares of Nichols in a research note on Wednesday, May 1st.

NICL stock opened at GBX 1,750 ($22.87) on Friday. The company has a market capitalization of $646.95 million and a PE ratio of 25.00. Nichols has a one year low of GBX 1,230 ($16.07) and a one year high of GBX 1,880 ($24.57). The company’s 50 day moving average price is GBX 1,729.34 and its two-hundred day moving average price is GBX 1,683.19.

The firm also recently declared a dividend, which will be paid on Friday, August 30th. Shareholders of record on Thursday, July 25th will be paid a dividend of GBX 12.40 ($0.16) per share. This represents a dividend yield of 0.73%. The ex-dividend date of this dividend is Thursday, July 25th. Nichols’s dividend payout ratio (DPR) is presently 0.56%.

Nichols Company Profile

Nichols plc, together with its subsidiaries, supplies soft drinks to the retail, wholesale, catering, licensed, and leisure industries in the United Kingdom. The company operates through Still and Carbonate segments. It offers till, carbonated, post-mix, and frozen drinks categories under the Vimto, Feel Good, Levi Roots, Starslush, ICEE, Panda, and Sunkist brands.

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