Britvic Plc PT Raised to GBX 730 at JPMorgan Chase & Co. (BVIC)
Analysts at JPMorgan Chase & Co. upped their price objective on shares of Britvic Plc (LON:BVIC) from GBX 650 ($10.90) to GBX 730 ($12.24) in a research report issued to clients and investors on Wednesday. The firm currently has a “neutral” rating on the stock. JPMorgan Chase & Co.’s price objective would indicate a potential downside of 2.34% from the stock’s previous close.
Britvic Plc (LON:BVIC) traded up 0.94% on Wednesday, hitting GBX 754.50. The stock had a trading volume of 322,801 shares. 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 732.1 and its 200-day moving average is GBX 708.8. The company’s market cap is £1.860 billion.
The company also recently declared a dividend, which is scheduled for Friday, July 11th. Investors 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.
A number of other analysts have also recently weighed in on BVIC. Analysts at Citigroup Inc. reiterated a “buy” rating on shares of Britvic Plc in a research note on Tuesday. They now have a GBX 850 ($14.25) price target on the stock. Separately, analysts at Numis Securities Ltd reiterated a “buy” rating on shares of Britvic Plc in a research note on Monday. Finally, analysts at Barclays reiterated an “equal weight” rating on shares of Britvic Plc in a research note on Monday. They now have a GBX 725 ($12.15) price target on the stock. Five equities research analysts have rated the stock with a hold rating and eight have given a buy rating to the stock. The stock has an average rating of “Buy” and an average price target of GBX 776.60 ($13.02).
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.
Get Analysts' Upgrades and Downgrades via Email - Stay on top of analysts' coverage with Analyst Ratings Network's FREE daily email newsletter that provides a concise list of analysts' upgrades and downgrades. Click here to register now.