Britvic Receives “Equal weight” Rating from Barclays Capital (BVIC)
Britvic (LON:BVIC)‘s stock had its “equal weight” rating restated by equities researchers at Barclays Capital in a research report issued on Monday, Analyst Ratings Network reports. They currently have a GBX 560 ($8.94) target price on the stock. Barclays Capital’s price objective points to a potential downside of 3.11% from the company’s current price.
BVIC has been the subject of a number of other recent research reports. Analysts at Societe Generale reiterated a “buy” rating on shares of Britvic in a research note to investors on Friday. They now have a GBX 590 ($9.42) price target on the stock. Separately, 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 ($9.58) price target on the stock. Finally, analysts at Citigroup Inc. raised their price target on shares of Britvic from GBX 590 ($9.42) to GBX 640 ($10.22) in a research note to investors on Thursday. They now have a “buy” rating on the stock. Two 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. The stock presently has a consensus rating of “Hold” and a consensus target price of GBX 529.36 ($8.45).
Shares of Britvic (LON:BVIC) traded up 0.43% on Monday, hitting GBX 578.00. 295,793 shares of the company’s stock traded hands. Britvic has a one year low of GBX 346.50 and a one year high of GBX 595.00. The stock has a 50-day moving average of GBX 568.7 and a 200-day moving average of GBX 498.5. The company’s market cap is £1.404 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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