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An update from Nichols ( (GB:NICL) ) is now available.
Nichols plc, a diversified soft drinks company, announced that its CEO, Andrew Milne, exercised options for 1,513 ordinary shares under the company’s 2020 SAYE Scheme. This transaction increases Milne’s total shareholding to 55,407 shares, representing 0.152% of the company’s issued share capital. The exercise of these options reflects ongoing engagement with the company’s employee share ownership initiatives, potentially strengthening stakeholder confidence in Nichols’ leadership and strategic direction.
The most recent analyst rating on (GB:NICL) stock is a Buy with a £16.30 price target. To see the full list of analyst forecasts on Nichols stock, see the GB:NICL Stock Forecast page.
Spark’s Take on GB:NICL Stock
According to Spark, TipRanks’ AI Analyst, GB:NICL is a Outperform.
Nichols PLC exhibits solid financial stability and profitability with strong margins and low leverage, indicating a healthy financial position. Technical analysis shows neutral signals, with some short-term bullish trends. The valuation appears high with a P/E ratio that suggests the stock might be overvalued. Corporate events are generally positive, fostering employee engagement and strategic growth, despite the recent loss of the CFO.
To see Spark’s full report on GB:NICL stock, click here.
More about Nichols
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: 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. Nichols’ portfolio includes the iconic Vimto brand and a growing portfolio of licensed brands such as Levi Roots, ICEE, SLUSH PUPPiE, and Sunkist. Under its asset-light model, Vimto is prominent in areas such as the Middle East and Africa and is enjoyed in over 60 countries worldwide.
Average Trading Volume: 28,579
Technical Sentiment Signal: Buy
Current Market Cap: £502.7M
For detailed information about NICL stock, go to TipRanks’ Stock Analysis page.