Analysts Set Britvic Plc (LON:BVIC) Price Target at $693.07
Shares of Britvic Plc (LON:BVIC) have been given an average recommendation of “Hold” by the seventeen research firms that are currently covering the stock. One analyst has rated the stock with a sell recommendation, nine have issued a hold recommendation and seven have assigned a buy recommendation to the company. The average 1 year price objective among brokerages that have issued ratings on the stock in the last year is GBX 693.07 ($9.05).
A number of brokerages have recently issued reports on BVIC. Deutsche Bank AG restated a “hold” rating and set a GBX 700 ($9.14) price objective on shares of Britvic Plc in a research report on Friday, July 22nd. JPMorgan Chase & Co. restated an “underweight” rating and set a GBX 590 ($7.70) price objective on shares of Britvic Plc in a research report on Tuesday, July 19th. Numis Securities Ltd downgraded Britvic Plc to an “add” rating and lowered their target price for the stock from GBX 782 ($10.21) to GBX 722 ($9.42) in a report on Friday, July 22nd. HSBC reiterated a “hold” rating and issued a GBX 620 ($8.09) target price on shares of Britvic Plc in a report on Thursday, August 11th. Finally, Berenberg Bank lowered their target price on Britvic Plc from GBX 850 ($11.10) to GBX 775 ($10.12) and set a “buy” rating for the company in a report on Friday, August 12th.
Britvic Plc (LON:BVIC) opened at 597.00 on Tuesday. The stock’s 50 day moving average price is GBX 633.49 and its 200 day moving average price is GBX 657.52. The firm’s market capitalization is GBX 1.57 billion. Britvic Plc has a 52-week low of GBX 570.50 and a 52-week high of GBX 740.50.
About Britvic Plc
Britvic Plc is a United Kingdom-based soft drinks company. The Company offers sparkling sodas, juice drinks, ice tea, squash, syrups, mineral waters, mixers and energy drinks. The Company operates through five segments: GB stills, GB cards, Ireland, France and International. The Company manufactures, markets and sells its range of brands, including Pepsi, 7UP, Lipton Ice Tea and Mountain Dew.
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