{"id":85157,"date":"2026-09-04T18:31:29","date_gmt":"2026-09-04T18:31:29","guid":{"rendered":"https:\/\/www.europesays.com\/germany\/85157\/"},"modified":"2026-09-04T18:31:29","modified_gmt":"2026-09-04T18:31:29","slug":"nichols-price-target-hiked-to-1400p-as-deutsche-bank-flags-value","status":"publish","type":"post","link":"https:\/\/www.europesays.com\/germany\/85157\/","title":{"rendered":"Nichols price target hiked to 1400p as Deutsche Bank flags value"},"content":{"rendered":"

\"Nichols<\/a> Nichols price target hiked to 1400p as Deutsche Bank flags value Proactive uses images sourced from Shutterstock <\/p>\n

Nichols PLC (AIM:NICL)<\/a>\u00a0received an updated assessment from Deutsche Bank on Friday, as the broker stated that the beverage group’s growth was underappreciated and its valuation was undemanding. <\/p>\n

The shares were trading at 1,149p in early Friday activity as the broker reiterated its ‘buy’ rating and raised its target from 1,150p to 1,400p. <\/p>\n

In a note titled ‘A Refreshing Opportunity’, Deutsche Bank said the UK soft drinks market was worth approximately \u00a320.9 billion in 2025 and had grown at an 8.7% compound annual growth rate over the past five years. <\/p>\n

While the near-term backdrop remains mixed, the broker said the category had historically proved resilient. <\/p>\n

It pointed out that soft drinks had maintained a broadly stable share of the UK food and non-alcohol grocery basket despite varying economic conditions. <\/p>\n

Deutsche added that innovation, marketing and reformulation continued to support long-term growth. <\/p>\n

Addressing regulatory risks, Deutsche Bank said the deposit return scheme (DRS) remained a key investor concern and was already reflected in its forecasts. <\/p>\n

The broker stress-tested AG Barr using a severe downside scenario that assumed disruption was limited to a 12-week period and that there was no pricing recovery. <\/p>\n

Deutsche said this scenario would imply a roughly 1% downgrade to its FY28 sales forecast for AG Barr, even without a pricing recovery. <\/p>\n

In its assessment, the broker said Nichols was even less exposed than AG Barr, given its sizeable squash business and international operations. <\/p>\n

The broker’s 1,400p price target reflects its view that Nichols’ growth prospects<\/a> are underappreciated and its valuation remains undemanding. <\/p>\n","protected":false},"excerpt":{"rendered":"Nichols price target hiked to 1400p as Deutsche Bank flags value Proactive uses images sourced from Shutterstock Nichols…\n","protected":false},"author":2,"featured_media":85158,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[21213],"tags":[61390,21239,21214,61389],"class_list":["post-85157","post","type-post","status-publish","format-standard","has-post-thumbnail","category-deutsche-bank","tag-ag-barr","tag-deutsche","tag-deutsche-bank","tag-nichols"],"_links":{"self":[{"href":"https:\/\/www.europesays.com\/germany\/wp-json\/wp\/v2\/posts\/85157","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.europesays.com\/germany\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.europesays.com\/germany\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/germany\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/germany\/wp-json\/wp\/v2\/comments?post=85157"}],"version-history":[{"count":0,"href":"https:\/\/www.europesays.com\/germany\/wp-json\/wp\/v2\/posts\/85157\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/germany\/wp-json\/wp\/v2\/media\/85158"}],"wp:attachment":[{"href":"https:\/\/www.europesays.com\/germany\/wp-json\/wp\/v2\/media?parent=85157"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.europesays.com\/germany\/wp-json\/wp\/v2\/categories?post=85157"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.europesays.com\/germany\/wp-json\/wp\/v2\/tags?post=85157"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}