Britvic PT Raised to GBX 640 (BVIC)
Analysts at Citigroup Inc. boosted their target price on shares of Britvic (LON:BVIC) from GBX 590 ($9.47) to GBX 640 ($10.27) in a research report issued to clients and investors on Thursday, American Banking News.com reports. The firm currently has a “buy” rating on the stock. Citigroup Inc.’s target price indicates a potential upside of 12.38% from the stock’s previous close.
Britvic (LON:BVIC) traded up 0.80% on Thursday, hitting GBX 569.50. The stock had a trading volume of 511,417 shares. Britvic has a one year low of GBX 346.50 and a one year high of GBX 595.00. The stock’s 50-day moving average is GBX 568.7 and its 200-day moving average is GBX 498.5. The company’s market cap is £1.383 billion.
A number of other firms have also recently commented on BVIC. Analysts at Nomura raised their price target on shares of Britvic from GBX 630 ($10.11) to GBX 680 ($10.91) in a research note to investors on Monday. They now have a “buy” rating on the stock. Separately, analysts at Societe Generale reiterated a “buy” rating on shares of Britvic in a research note to investors on Friday, August 23rd. They now have a GBX 590 ($9.47) price target on the stock. Two research analysts have rated the stock with a sell rating, six have assigned a hold rating and four have assigned a buy rating to the company. Britvic has an average rating of “Hold” and a consensus target price of GBX 527.55 ($8.46).
Britvic plc is a United Kingdom-based company. The Company and its subsidiaries operate in the soft drinks manufacturing and distribution industry, principally in the United Kingdom, Republic of Ireland and France.
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