Britvic Plc Given “Buy” Rating at Nomura (BVIC)
Britvic Plc (LON:BVIC) traded up 1.98% on Monday, hitting GBX 720.00. 474,981 shares of the company’s stock traded hands. Britvic Plc has a 1-year low of GBX 502.00 and a 1-year high of GBX 784.00. The stock has a 50-day moving average of GBX 733.4 and a 200-day moving average of GBX 724.7. The company’s market cap is £1.775 billion.
BVIC has been the subject of a number of other recent research reports. Analysts at JPMorgan Chase & Co. reiterated a “neutral” rating on shares of Britvic Plc in a research note on Friday. They now have a GBX 730 ($12.47) price target on the stock. Separately, analysts at Goldman Sachs raised their price target on shares of Britvic Plc from GBX 764 ($13.06) to GBX 778 ($13.29) in a research note on Friday, July 11th. They now have a “neutral” rating on the stock. Finally, analysts at Panmure Gordon reiterated a “buy” rating on shares of Britvic Plc in a research note on Friday, June 20th. They now have a GBX 810 ($13.84) price target on the stock. Five research analysts have rated the stock with a hold rating and seven have issued a buy rating to the stock. Britvic Plc currently has an average rating of “Buy” and a consensus target price of GBX 780.90 ($13.34).
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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