Britvic Plc Stock Rating Reaffirmed by Nomura (BVIC)
Britvic Plc (LON:BVIC)‘s stock had its “buy” rating reaffirmed by research analysts at Nomura in a report released on Friday. They currently have a GBX 850 ($14.07) price objective on the stock. Nomura’s price target suggests a potential upside of 23.46% from the stock’s previous close.
Shares of Britvic Plc (LON:BVIC) opened at 691.50 on Friday. Britvic Plc has a 1-year low of GBX 548.50 and a 1-year high of GBX 784.00. The stock has a 50-day moving average of GBX 703.8 and a 200-day moving average of GBX 726.0. The company’s market cap is £1.705 billion.
BVIC has been the subject of a number of other recent research reports. Analysts at Barclays reiterated an “equal weight” rating on shares of Britvic Plc in a research note on Tuesday. They now have a GBX 725 ($12.00) price target on the stock. Separately, 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. Finally, 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. Five analysts have rated the stock with a hold rating and seven have given a buy rating to the stock. The stock currently has an average rating of “Buy” and a consensus target price of GBX 788 ($13.04).
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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