Nichols (LON:NICL) Reaches New 1-Year High - Time to Buy?

Nichols plc (LON:NICL - Get Free Report)'s stock price reached a new 52-week high during trading on Wednesday . The stock traded as high as GBX 1,480 ($20.11) and last traded at GBX 1,425 ($19.36), with a volume of 50976 shares trading hands. The stock had previously closed at GBX 1,445 ($19.63).

Wall Street Analyst Weigh In

Separately, Berenberg Bank restated a "buy" rating and issued a GBX 1,760 ($23.91) target price on shares of Nichols in a report on Wednesday, April 23rd.

Nichols Stock Down 0.7%

The business's 50 day moving average price is GBX 1,346.96 and its 200-day moving average price is GBX 1,297.07. The company has a debt-to-equity ratio of 1.80, a current ratio of 3.73 and a quick ratio of 2.58. The company has a market cap of £516.82 million, a P/E ratio of 27.61 and a beta of 0.50.

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.