Britvic Plc Price Target Increased to GBX 830 by Analysts at Oriel Securities Ltd (BVIC)
Investment analysts at Oriel Securities Ltd hoisted their price target on shares of Britvic Plc (LON:BVIC) from GBX 750 ($12.61) to GBX 830 ($13.95) in a note issued to investors on Thursday. The firm currently has a “buy” rating on the stock. Oriel Securities Ltd’s price objective points to a potential upside of 8.50% from the stock’s previous close.
A number of other analysts have also recently weighed in on BVIC. Analysts at Numis Securities Ltd reiterated a “hold” rating on shares of Britvic Plc in a research note on Wednesday. They now have a GBX 765 ($12.86) price target on the stock. Separately, analysts at JPMorgan Chase & Co. raised their price target on shares of Britvic Plc from GBX 650 ($10.93) to GBX 730 ($12.27) in a research note on Wednesday, June 4th. They now have a “neutral” rating on the stock. Finally, analysts at Citigroup Inc. reiterated a “buy” rating on shares of Britvic Plc in a research note on Tuesday, June 3rd. They now have a GBX 850 ($14.29) price target on the stock. Five equities research analysts have rated the stock with a hold rating and seven have assigned a buy rating to the company’s stock. Britvic Plc has an average rating of “Buy” and a consensus target price of GBX 782.82 ($13.16).
Britvic Plc (LON:BVIC) traded down 0.20% during mid-day trading on Thursday, hitting GBX 763.50. 111,255 shares of the company’s stock traded hands. Britvic Plc has a 52 week low of GBX 459.80 and a 52 week high of GBX 784.00. The stock’s 50-day moving average is GBX 737.1 and its 200-day moving average is GBX 714.5. The company’s market cap is £1.883 billion.
The company also recently announced a dividend, which is scheduled for Friday, July 11th. Stockholders of record on Wednesday, May 28th will be paid a dividend of GBX 6.10 ($0.10) per share. This represents a dividend yield of 0.82%. The ex-dividend date 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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