Britvic Plc Given Average Rating of “Buy” by Analysts (LON:BVIC)
Shares of Britvic Plc (LON:BVIC) have earned a consensus rating of “Buy” from the twelve ratings firms that are currently covering the company, AmericanBankingNews.com reports. Five research analysts have rated the stock with a hold rating and seven have given a buy rating to the company. The average 1-year price target among brokerages that have issued a report on the stock in the last year is GBX 788 ($13.22).
Britvic Plc (LON:BVIC) opened at 711.00 on Monday. Britvic Plc has a 52-week low of GBX 540.00 and a 52-week high of GBX 784.00. The stock’s 50-day moving average is GBX 710.4 and its 200-day moving average is GBX 725.. The company’s market cap is £1.753 billion.
A number of analysts have recently weighed in on BVIC shares. 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.
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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