Britvic Plc Given New GBX 730 Price Target at Goldman Sachs (BVIC)
Equities researchers at Goldman Sachs upped their price target on shares of Britvic Plc (LON:BVIC) from GBX 630 ($10.34) to GBX 730 ($11.98) in a research report issued on Thursday, Stock Ratings Network.com reports. The firm currently has a “neutral” rating on the stock. Goldman Sachs’ price target points to a potential upside of 0.90% from the stock’s previous close.
Shares of Britvic Plc (LON:BVIC) traded down 1.36% during mid-day trading on Thursday, hitting GBX 723.50. 402,424 shares of the company’s stock traded hands. Britvic Plc has a 52 week low of GBX 383.00 and a 52 week high of GBX 735.00. The stock has a 50-day moving average of GBX 697.4 and a 200-day moving average of GBX 624.6. The company’s market cap is £1.772 billion.
Several other analysts have also recently commented on the stock. Analysts at Panmure Gordon reiterated a “buy” rating on shares of Britvic Plc in a research note on Tuesday. They now have a GBX 810 ($13.29) price target on the stock. Separately, analysts at Investec reiterated a “hold” rating on shares of Britvic Plc in a research note on Thursday, January 30th. They now have a GBX 672 ($11.03) price target on the stock. Finally, analysts at Barclays raised their price target on shares of Britvic Plc from GBX 690 ($11.32) to GBX 700 ($11.48) in a research note on Thursday, January 30th. They now have an “overweight” rating on the stock. Nine analysts have rated the stock with a hold rating and five have assigned a buy rating to the company’s stock. Britvic Plc presently has an average rating of “Hold” and an average target price of GBX 682.85 ($11.20).
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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