Analyst Price Target is GBX 1,560
▲ +54.36% Upside Potential
This price target is based on 2 analysts offering 12 month price targets for Nichols in the last 3 months. The average price target is GBX 1,560, with a high forecast of GBX 1,820 and a low forecast of GBX 1,300. The average price target represents a 54.36% upside from the last price of GBX 1,010.61.
Current Consensus is
Moderate Buy
The current consensus among 2 contributing investment analysts is to moderate buy stock in Nichols. This rating changed within the last month from a Buy consensus rating.
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. Nichols' portfolio includes the iconic Vimto brand plus a growing portfolio of licensed brands including 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.
For more information, visit the website: https://www.nicholsplc.co.uk/
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