Britvic Plc (BVIC) Receives Consensus Rating of “Hold” from Analysts
Britvic Plc (LON:BVIC) has been given an average rating of “Hold” by the fourteen research firms that are covering the firm, Marketbeat.com reports. Eight investment analysts have rated the stock with a hold recommendation and six have issued a buy recommendation on the company. The average 1-year price target among brokers that have issued ratings on the stock in the last year is GBX 693.50 ($9.00).
A number of equities analysts have recently weighed in on BVIC shares. Berenberg Bank lowered Britvic Plc to a “hold” rating and set a GBX 725 ($9.41) target price on the stock. in a research report on Thursday, April 20th. Goldman Sachs Group, Inc. (The) upped their target price on Britvic Plc from GBX 609 ($7.91) to GBX 615 ($7.98) and gave the stock a “neutral” rating in a research report on Monday, May 15th. Shore Capital reaffirmed a “buy” rating on shares of Britvic Plc in a research report on Wednesday, May 17th. Whitman Howard reaffirmed a “buy” rating and set a GBX 800 ($10.39) target price on shares of Britvic Plc in a research report on Friday, May 19th. Finally, Barclays PLC reaffirmed an “overweight” rating on shares of Britvic Plc in a research report on Thursday, May 25th.
Shares of Britvic Plc (LON BVIC) traded down 0.86% during mid-day trading on Friday, reaching GBX 745.50. 452,184 shares of the company’s stock traded hands. The company has a 50 day moving average of GBX 717.70 and a 200 day moving average of GBX 678.68. Britvic Plc has a 12 month low of GBX 521.00 and a 12 month high of GBX 755.00. The company’s market cap is GBX 1.96 billion.
In related news, insider John Patrick Daly purchased 8,000 shares of the stock in a transaction that occurred on Tuesday, July 4th. The stock was acquired at an average cost of GBX 690 ($8.96) per share, with a total value of £55,200 ($71,660.39). Insiders purchased a total of 8,051 shares of company stock valued at $5,556,582 over the last three months.
Britvic Plc Company Profile
Britvic plc is a United Kingdom-based soft drinks company. The Company operates in the soft drinks manufacturing and distribution industry. It operates through six segments: GB stills, GB carbs, Ireland, France, Brazil and International. The GB stills and GB carbs segments include its operations in the United Kingdom excluding Northern Ireland.
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