Numis Securities Ltd Reiterates “Hold” Rating for Britvic (BVIC)
Britvic (LON:BVIC)‘s stock had its “hold” rating reiterated by investment analysts at Numis Securities Ltd in a note issued to investors on Wednesday, AnalystRatingsNetwork reports. They currently have a GBX 645 ($10.63) price objective on the stock. Numis Securities Ltd’s target price points to a potential downside of 7.99% from the stock’s previous close.
BVIC has been the subject of a number of other recent research reports. Analysts at Nomura reiterated a “buy” rating on shares of Britvic in a research note to investors on Wednesday. They now have a GBX 770 ($12.69) price target on the stock. Separately, analysts at Citigroup Inc. reiterated a “buy” rating on shares of Britvic in a research note to investors on Monday. They now have a GBX 850 ($14.01) price target on the stock. Finally, 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. Eight research analysts have rated the stock with a hold rating and five have assigned a buy rating to the company’s stock. Britvic currently has an average rating of “Hold” and an average target price of GBX 674.75 ($11.12).
Britvic (LON:BVIC) opened at 713.00 on Wednesday. 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 688.4 and a 200-day moving average of GBX 608.7. The company’s market cap is £1.746 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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