Nichols (LON:NICL) Given “Hold” Rating at Shore Capital

Shore Capital reissued their hold rating on shares of Nichols (LON:NICL) in a research note issued to investors on Friday, ThisIsMoney.Co.Uk reports.

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

Nichols stock opened at GBX 1,770 ($23.13) on Friday. The stock has a market cap of $669.14 million and a price-to-earnings ratio of 25.29. The company’s 50-day moving average price is GBX 1,726.74 and its two-hundred day moving average price is GBX 1,681.97. Nichols has a 52 week low of GBX 1,230 ($16.07) and a 52 week high of GBX 1,840 ($24.04).

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

About Nichols

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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