Nichols (LON:NICL) Insider Alan Williams Buys 2,500 Shares

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

Nichols Stock Up 4.0%

Shares of Nichols stock opened at GBX 1,000 on Wednesday. The business has a fifty day simple moving average of GBX 1,033.82 and a 200 day simple moving average of GBX 1,190.83. The stock has a market cap of £365.63 million, a PE ratio of 20.90 and a beta of 0.50. The company has a quick ratio of 2.58, a current ratio of 3.73 and a debt-to-equity ratio of 1.80. Nichols plc has a 12 month low of GBX 930 and a 12 month high of GBX 1,480.

Wall Street Analyst Weigh In

A number of analysts recently weighed in on the stock. Peel Hunt reiterated a “hold” rating and issued a GBX 1,300 price target on shares of Nichols in a research report on Tuesday, November 11th. Berenberg Bank reaffirmed a “buy” rating and issued a GBX 1,820 target price on shares of Nichols in a research note on Tuesday, November 11th. One investment analyst has rated the stock with a Buy rating and one has issued a Hold rating to the stock. According to MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and an average price target 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.