Nichols plc 9.1% Potential Decrease Indicated by Berenberg

Broker Ratings

Nichols plc using EPIC/TICKER code (LON:NICL) has had its stock rating noted as ‘Reiterates’ with the recommendation being set at ‘HOLD’ this morning by analysts at Berenberg. Nichols plc are listed in the Consumer Goods sector within AIM. Berenberg have set a target price of 1600 GBX on its stock. This now indicates the analyst believes there is a potential downside of -9.1% from today’s opening price of 1760 GBX. Over the last 30 and 90 trading days the company share price has increased 150 points and increased 200 points respectively. The 1 year high share price is 1839.1 GBX while the year low stock price is currently 1226.2 GBX.

Nichols plc has a 50 day moving average of 1,648.97 GBX and a 200 Day Moving Average share price is recorded at 1,512.90. There are currently 36,899,469 shares in issue with the average daily volume traded being 18,352. Market capitalisation for LON:NICL is £658,286,526 GBP.

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