Insider Buying: Nichols (LON:NICL) Insider Purchases 2,500 Shares of Stock

Nichols plc (LON:NICL) insider Alan Williams bought 2,500 shares of the business’s stock in a transaction that occurred on Monday, December 15th. The shares were acquired at an average price of GBX 970 per share, with a total value of £24,250.

Nichols Stock Down 0.6%

NICL opened at GBX 956.26 on Tuesday. The company has a current ratio of 3.73, a quick ratio of 2.58 and a debt-to-equity ratio of 1.80. Nichols plc has a 1-year low of GBX 930 and a 1-year high of GBX 1,480. The company has a market capitalization of £349.64 million, a PE ratio of 19.99 and a beta of 0.50. The firm’s 50 day simple moving average is GBX 1,036.32 and its two-hundred day simple moving average is GBX 1,193.26.

Analyst Upgrades and Downgrades

Several research firms recently weighed in on NICL. Peel Hunt reiterated a “hold” rating and set a GBX 1,300 target price on shares of Nichols in a research report on Tuesday, November 11th. Berenberg Bank reaffirmed a “buy” rating and issued a GBX 1,820 price objective 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, Nichols has a consensus rating of “Moderate Buy” and an average target price 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.