Nichols - NICL Share Forecast, Price & News

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 two segments, Still and Carbonate. It offers still, cordial, carbonated, post-mix, and frozen drinks categories under the Vimto, Feel Good, Levi Roots, Starslush, ICEE, Slurp, FRYST, DOUWE EGBERTS, and Sunkist brands. The company offers its products through grocery stores, wholesalers, and convenience store, as well as cinemas, theme parks, pubs, and restaurants. It also exports its products to the Middle East, Africa, and internationally. Nichols plc was founded in 1908 and is headquartered in Newton-le-Willows, the United Kingdom.

Analyst Ratings Changes

Separately, Berenberg Bank reiterated a "hold" rating and issued a GBX 1,325 ($16.01) price target on shares of Nichols in a research note on Friday, July 29th.

Nichols Trading Up 4.5 %

LON:NICL opened at GBX 1,160 ($14.02) on Tuesday. The company has a market cap of £423.12 million and a PE ratio of -18.50. Nichols has a 12 month low of GBX 1,075 ($12.99) and a 12 month high of GBX 1,590 ($19.21). The stock has a 50 day moving average of GBX 1,208.58 and a 200-day moving average of GBX 1,310.18. The company has a current ratio of 3.01, a quick ratio of 2.58 and a debt-to-equity ratio of 2.13.

Nichols Cuts Dividend

The company also recently disclosed a dividend, which will be paid on Friday, September 9th. Stockholders of record on Thursday, August 4th will be given a GBX 12.40 ($0.15) dividend. This represents a dividend yield of 0.94%. The ex-dividend date is Thursday, August 4th. Nichols's dividend payout ratio (DPR) is presently -0.39%.

Insider Transactions at Nichols

In other Nichols news, insider Andrew Milne purchased 1,688 shares of Nichols stock in a transaction that occurred on Friday, June 17th. The stock was acquired at an average price of GBX 1,184 ($14.31) per share, for a total transaction of £19,985.92 ($24,149.25). In other Nichols news, insider David Rattigan purchased 150 shares of the company's stock in a transaction that occurred on Wednesday, June 8th. The shares were acquired at an average price of GBX 1,272 ($15.37) per share, for a total transaction of £1,908 ($2,305.46). Also, insider Andrew Milne acquired 1,688 shares of Nichols stock in a transaction on Friday, June 17th. The shares were bought at an average cost of GBX 1,184 ($14.31) per share, with a total value of £19,985.92 ($24,149.25).