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Nichols ( (GB:NICL) ) just unveiled an update.
Nichols plc announced a transfer of shares within the Nichols Concert Party, where John Nichols transferred 1.5 million shares to his three children, yet the overall holding of the Concert Party remains unchanged at 35.89% of the total voting rights. This internal transfer reflects a strategic move within the Nichols family without altering the company’s broader market position or affecting its stakeholders.
The most recent analyst rating on (GB:NICL) stock is a Hold with a £1092.00 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’ overall stock score is driven primarily by its solid financial performance, characterized by strong profitability and low leverage. However, bearish technical indicators and a relatively high P/E ratio suggest caution. The dividend yield offers some appeal, but the lack of earnings call data and corporate events limits additional insights.
To see Spark’s full report on GB:NICL stock, click here.
More about Nichols
Nichols plc is an international diversified soft drinks business with sales in over 60 countries. The Group is home to the iconic Vimto brand, which is popular in the UK and around the world, particularly in the Middle East and Africa. Other brands in its portfolio include SLUSH PUPPiE, Starslush, ICEE, Levi Roots, and Sunkist.
Average Trading Volume: 27,830
Technical Sentiment Signal: Sell
Current Market Cap: £371.1M
For detailed information about NICL stock, go to TipRanks’ Stock Analysis page.