Britvic Plc Given Average Recommendation of “Buy” by Analysts (LON:BVIC)
Shares of Britvic Plc (LON:BVIC) have been given a consensus rating of “Buy” by the twelve ratings firms that are currently covering the company, Stock Ratings News reports. Five equities research analysts have rated the stock with a hold recommendation and seven have issued a buy recommendation on the company. The average twelve-month price target among brokers that have issued ratings on the stock in the last year is GBX 788 ($13.22).
Several analysts have recently commented on the stock. Analysts at Citigroup Inc. reiterated a “buy” rating on shares of Britvic Plc in a research note on Tuesday, August 5th. They now have a GBX 850 ($14.26) price target on the stock. Separately, analysts at Numis Securities Ltd reiterated a “hold” rating on shares of Britvic Plc in a research note on Friday, July 25th. They now have a GBX 765 ($12.83) price target on the stock. Finally, analysts at Investec raised their price target on shares of Britvic Plc from GBX 716 ($12.01) to GBX 725 ($12.16) in a research note on Thursday, July 24th. They now have a “hold” rating on the stock.
Shares of Britvic Plc (LON:BVIC) traded up 2.73% during mid-day trading on Monday, hitting GBX 695.00. The stock had a trading volume of 84,218 shares. Britvic Plc has a 52-week low of GBX 540.00 and a 52-week high of GBX 784.00. The stock has a 50-day moving average of GBX 714. and a 200-day moving average of GBX 725.3. The company’s market cap is £1.714 billion.
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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