Britvic Given Buy Rating at Citigroup Inc. (BVIC)
Britvic (LON:BVIC)‘s stock had its “buy” rating reiterated by investment analysts at Citigroup Inc. in a note issued to investors on Monday, Stock Ratings News reports. They currently have a GBX 850 ($14.01) target price on the stock. Citigroup Inc.’s price target would suggest a potential upside of 23.19% from the company’s current price.
BVIC has been the subject of a number of other recent research reports. Analysts at Barclays reiterated an “overweight” rating on shares of Britvic in a research note to investors on Friday, January 17th. They now have a GBX 690 ($11.37) price target on the stock. Separately, analysts at Nomura raised their price target on shares of Britvic from GBX 740 ($12.19) to GBX 770 ($12.69) in a research note to investors on Thursday, January 16th. They now have a “buy” rating on the stock. Finally, analysts at Panmure Gordon reiterated a “buy” rating on shares of Britvic in a research note to investors on Friday, January 3rd. They now have a GBX 810 ($13.35) price target on the stock. Eight research analysts have rated the stock with a hold rating and five have assigned a buy rating to the company’s stock. The company presently has a consensus rating of “Hold” and an average price target of GBX 674.75 ($11.12).
Shares of Britvic (LON:BVIC) traded down 1.36% on Monday, hitting GBX 690.00. The stock had a trading volume of 506,519 shares. Britvic has a 1-year low of GBX 383.00 and a 1-year high of GBX 707.00. The stock has a 50-day moving average of GBX 688.0 and a 200-day moving average of GBX 607.4. The company’s market cap is £1.690 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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