Britvic Given Buy Rating at Societe Generale (BVIC)
Britvic (LON:BVIC)‘s stock had its “buy” rating reiterated by equities researchers at Societe Generale in a research report issued on Friday, Stock Ratings Network reports. They currently have a GBX 590 ($9.47) price target on the stock. Societe Generale’s price target would indicate a potential upside of 3.60% from the company’s current price.
Several other analysts have also recently commented on the stock. Analysts at Panmure Gordon reiterated a “buy” rating on shares of Britvic in a research note to investors on Friday. They now have a GBX 600 ($9.63) price target on the stock. Separately, analysts at Citigroup Inc. raised their price target on shares of Britvic from GBX 590 ($9.47) to GBX 640 ($10.27) in a research note to investors on Thursday. They now have a “buy” rating on the stock. Finally, 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. Two research analysts have rated the stock with a sell rating, six have assigned a hold rating and four have given a buy rating to the company. The company presently has a consensus rating of “Hold” and a consensus target price of GBX 527.55 ($8.46).
Shares of Britvic (LON:BVIC) traded up 1.40% during mid-day trading on Friday, hitting GBX 577.50. 259,533 shares of the company’s stock traded hands. Britvic has a 52 week low of GBX 346.50 and a 52 week 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 £1.403 billion.
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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