Britvic Plc (LON:BVIC) had its price objective hoisted by stock analysts at JPMorgan Chase & Co. from GBX 550 ($6.82) to GBX 580 ($7.20) in a research note issued on Thursday. The brokerage presently has a “neutral” rating on the stock. JPMorgan Chase & Co.’s target price indicates a potential upside of 1.49% from the stock’s current price.

Other research analysts have also recently issued reports about the stock. Goodbody reaffirmed a “buy” rating on shares of Britvic Plc in a report on Wednesday. Berenberg Bank decreased their target price on shares of Britvic Plc from GBX 850 ($10.54) to GBX 775 ($9.61) and set a “buy” rating for the company in a report on Friday, August 12th. Goldman Sachs Group Inc. reaffirmed a “buy” rating and issued a GBX 810 ($10.05) target price on shares of Britvic Plc in a report on Thursday. Jefferies Group started coverage on shares of Britvic Plc in a report on Tuesday, September 13th. They issued a “hold” rating and a GBX 650 ($8.06) target price for the company. Finally, HSBC reaffirmed a “hold” rating and issued a GBX 620 ($7.69) target price on shares of Britvic Plc in a report on Thursday, August 11th. Ten equities research analysts have rated the stock with a hold rating and seven have given a buy rating to the stock. The stock currently has a consensus rating of “Hold” and an average price target of GBX 698.20 ($8.66).

Analyst Recommendations for Britvic Plc (LON:BVIC)

Britvic Plc (LON:BVIC) opened at 555.25 on Thursday. The company has a 50-day moving average of GBX 566.40 and a 200 day moving average of GBX 619.77. The company’s market capitalization is GBX 1.46 billion. Britvic Plc has a 12-month low of GBX 553.00 and a 12-month high of GBX 740.50.

The company also recently declared a dividend, which will be paid on Friday, February 3rd. Shareholders of record on Thursday, December 8th will be given a GBX 17.50 ($0.22) dividend. This is a positive change from Britvic Plc’s previous dividend of $7.00. This represents a dividend yield of 3.06%. The ex-dividend date is Thursday, December 8th.

COPYRIGHT VIOLATION WARNING: This story was first reported by Daily Political and is the propert of of Daily Political. If you are accessing this story on another publication, it was copied illegally and republished in violation of US and international trademark & copyright law. The correct version of this story can be read at http://www.dailypolitical.com/2016/12/01/britvic-plc-bvic-price-target-increased-to-gbx-580-by-analysts-at-jpmorgan-chase-co.html.

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.

Receive News & Ratings for Britvic Plc Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Britvic Plc and related companies with MarketBeat.com's FREE daily email newsletter.