Britvic Plc Rating Reiterated by Nomura (BVIC)
Britvic Plc (LON:BVIC)‘s stock had its “buy” rating restated by research analysts at Nomura in a report released on Friday. They currently have a GBX 850 ($14.31) target price on the stock. Nomura’s price objective would indicate a potential upside of 14.79% from the company’s current price.
Other equities research analysts have also recently issued reports about the stock. Analysts at Numis Securities Ltd raised their price target on shares of Britvic Plc from GBX 684 ($11.51) to GBX 765 ($12.88) in a research note on Wednesday. They now have a “hold” rating on the stock. Separately, analysts at Barclays reiterated an “equal weight” rating on shares of Britvic Plc in a research note on Thursday, May 22nd. They now have a GBX 725 ($12.20) price target on the stock. Finally, analysts at Societe Generale upgraded shares of Britvic Plc to a “buy” rating in a research note on Thursday, May 22nd. They now have a GBX 860 ($14.48) price target on the stock. Six equities research analysts have rated the stock with a hold rating and seven have given a buy rating to the company. The company has an average rating of “Buy” and an average target price of GBX 762.82 ($12.84).
Shares of Britvic Plc (LON:BVIC) opened at 742.00 on Friday. Britvic Plc has a one year low of GBX 459.80 and a one year high of GBX 784.00. The stock’s 50-day moving average is GBX 726.2 and its 200-day moving average is GBX 703.. The company’s market cap is £1.830 billion.
The company also recently declared a dividend, which is scheduled for Friday, July 11th. Shareholders of record on Wednesday, May 28th will be given a dividend of GBX 6.10 ($0.10) per share. This represents a yield of 0.82%. The ex-dividend date of this dividend is Wednesday, May 28th.
Britvic PLC (LON:BVIC) and its subsidiaries, together, operate in the soft drinks manufacturing and distribution industry, principally in the United Kingdom, Republic of Ireland and France.
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