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Nichols ( (GB:NICL) ) has provided an update.
Nichols PLC announced that David Taylor, the Interim Finance Director and a person discharging managerial responsibilities (PDMR), has purchased 500 ordinary shares of the company at a price of 1,165 pence each. This transaction increases Taylor’s total shareholding to 750 ordinary shares, representing 0.002% of the company’s issued share capital. This move may indicate confidence in the company’s future prospects and could have implications for investor sentiment and market perception.
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 Neutral.
Nichols’ financial stability and strong dividend yield are key strengths. However, limited revenue growth and weak technical indicators weigh on the score. The positive corporate events support long-term prospects, but short-term technical trends are concerning.
To see Spark’s full report on GB:NICL stock, click here.
More about Nichols
Nichols PLC operates in the resilient soft drinks industry, owning or licensing a variety of brands. The company is geographically and operationally diversified, with market routes in UK Packaged, International Packaged, and Out of Home sectors. Nichols’ product range includes squash, flavoured carbonates, fruit drinks, energy drinks, and flavoured water, featuring iconic brands such as Vimto and licensed brands like Levi Roots, ICEE, SLUSH PUPPiE, and Sunkist. The company has a significant presence in the Middle East and Africa, with its products available in over 60 countries.
Average Trading Volume: 28,675
Technical Sentiment Signal: Buy
Current Market Cap: £436.9M
Learn more about NICL stock on TipRanks’ Stock Analysis page.