Britvic Plc Given “Equal weight” Rating at Barclays (BVIC)
Britvic Plc (LON:BVIC)‘s stock had its “equal weight” rating reissued by stock analysts at Barclays in a report issued on Tuesday. They currently have a GBX 725 ($12.00) price target on the stock. Barclays’ price target would suggest a potential upside of 2.18% from the stock’s previous close.
Several other analysts have also 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 ($14.07) 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 ($12.66) price target on the stock. Finally, analysts at Investec raised their price target on shares of Britvic Plc from GBX 716 ($11.85) to GBX 725 ($12.00) in a research note on Thursday, July 24th. They now have a “hold” rating on the stock. Five analysts have rated the stock with a hold rating and seven have given a buy rating to the stock. Britvic Plc currently has a consensus rating of “Buy” and an average price target of GBX 788 ($13.04).
Britvic Plc (LON:BVIC) opened at 705.50 on Tuesday. Britvic Plc has a 52-week low of GBX 548.50 and a 52-week high of GBX 784.00. The stock has a 50-day moving average of GBX 705.4 and a 200-day moving average of GBX 726.4. The company’s market cap is £1.740 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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