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Deutsche Bank raises Nichols PLC price target to 1400p, citing undervalued growth potential.

Market News
04 Sep 2026
Proactive Investors
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Bullish
Deutsche Bank raises Nichols PLC price target to 1400p, citing undervalued growth potential.

Deutsche Bank upgraded its price target for Nichols PLC from 1150p to 1400p, maintaining a 'buy' rating. The broker highlighted that the UK soft drinks market is growing steadily, with a resilient demand despite economic fluctuations. Nichols is seen as less exposed to regulatory risks compared to peers, supported by its strong squash business and international operations. This upgrade reflects Deutsche Bank's view that Nichols' growth prospects are underestimated and its current valuation is attractive for investors.

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