Britvic Plc’s (BVIC) “Hold” Rating Reaffirmed at Jefferies Group
Britvic Plc (LON:BVIC)‘s stock had its “hold” rating reiterated by research analysts at Jefferies Group in a research note issued on Monday. They currently have a GBX 650 ($8.04) target price on the stock. Jefferies Group’s price target would suggest a potential upside of 13.84% from the stock’s previous close.
BVIC has been the topic of a number of other reports. Barclays PLC restated an “overweight” rating and set a GBX 710 ($8.79) price target on shares of Britvic Plc in a research report on Friday, October 7th. JPMorgan Chase & Co. restated an “underweight” rating and set a GBX 590 ($7.30) price target on shares of Britvic Plc in a research report on Monday, September 12th. Deutsche Bank AG dropped their price target on shares of Britvic Plc from GBX 775 ($9.59) to GBX 700 ($8.66) and set a “hold” rating on the stock in a research report on Wednesday, July 6th. Goodbody restated a “buy” rating on shares of Britvic Plc in a research report on Tuesday, August 2nd. Finally, Morgan Stanley started coverage on shares of Britvic Plc in a research report on Tuesday, August 2nd. They set an “equal weight” rating and a GBX 650 ($8.04) price target on the stock. One equities research analyst has rated the stock with a sell rating, eight have issued a hold rating and seven have assigned a buy rating to the company’s stock. Britvic Plc currently has a consensus rating of “Hold” and an average price target of GBX 701.87 ($8.69).
Shares of Britvic Plc (LON:BVIC) opened at 567.00 on Monday. Britvic Plc has a 12 month low of GBX 565.50 and a 12 month high of GBX 740.50. The company’s 50-day moving average is GBX 621.96 and its 200-day moving average is GBX 652.96. The firm’s market cap is GBX 1.49 billion.
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About Britvic Plc
Britvic Plc is a United Kingdom-based soft drinks company. The Company offers sparkling sodas, juice drinks, ice tea, squash, syrups, mineral waters, mixers and energy drinks. The Company operates through five segments: GB stills, GB cards, Ireland, France and International. The Company manufactures, markets and sells its range of brands, including Pepsi, 7UP, Lipton Ice Tea and Mountain Dew.
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