Nichols plc (LON:NICL) shares hit a new 52-week high during trading on Tuesday . The stock traded as high as GBX 1,840 ($24.04) and last traded at GBX 1,812.50 ($23.68), with a volume of 5779 shares traded. The stock had previously closed at GBX 1,780 ($23.26).
NICL has been the topic of several recent analyst reports. Numis Securities reaffirmed a “hold” rating and issued a GBX 1,650 ($21.56) price target on shares of Nichols in a research report on Wednesday, May 1st. Shore Capital reaffirmed an “under review” rating on shares of Nichols in a research report on Wednesday, February 27th. Finally, Berenberg Bank lifted their price target on Nichols from GBX 1,550 ($20.25) to GBX 1,600 ($20.91) and gave the stock a “hold” rating in a research report on Thursday, May 2nd.
The stock has a market capitalization of $660.59 million and a P/E ratio of 26.19.
The company also recently disclosed a dividend, which was paid on Friday, May 3rd. Stockholders of record on Thursday, March 21st were given a dividend of GBX 26.80 ($0.35) per share. The ex-dividend date was Thursday, March 21st. This is a boost from Nichols’s previous dividend of $11.30. This represents a dividend yield of 1.73%. Nichols’s payout ratio is currently 0.55%.
In other news, insider Tim Croston sold 1,885 shares of the business’s stock in a transaction that occurred on Monday, April 8th. The stock was sold at an average price of GBX 1,610 ($21.04), for a total transaction of £30,348.50 ($39,655.69).
COPYRIGHT VIOLATION NOTICE: This story was first published by Highlight Press and is owned by of Highlight Press. If you are accessing this story on another site, it was copied illegally and reposted in violation of U.S. and international copyright & trademark law. The original version of this story can be viewed at https://highlightpress.com/2019/05/21/nichols-nicl-hits-new-1-year-high-at-1840-00.html.
About Nichols (LON:NICL)
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.
See Also: Earnings Per Share (EPS)
Receive News & Ratings for Nichols Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Nichols and related companies with MarketBeat.com's FREE daily email newsletter.