Britvic PLC Sponsored ADR (BTVCY) Lifted to Buy at Zacks Investment Research
Britvic PLC Sponsored ADR (OTCMKTS:BTVCY) was upgraded by Zacks Investment Research from a “hold” rating to a “buy” rating in a research report issued to clients and investors on Thursday. The firm currently has a $22.00 price objective on the stock. Zacks Investment Research‘s price target suggests a potential upside of 13.70% from the company’s current price.
According to Zacks, “Britvic Plc engages in the manufacture and distribution of soft drinks. Its operating business segment consists of GB Stills, GB Carbonates, Ireland, France and International. The company’s products includes sparkling sodas, sophisticated juice drinks, ice tea, squash, syrups, mineral waters, mixers and energy drinks. Its brands include 7Up; Ballygowan; Britvic Mixers, Juices and Cordials, Britvic; C&C; Club Mixers; Club Orange; DaFruta; Drench; Energise Sport; Fruit Shoot; Gatorade; J2O; Lipton; Maguary; MiWadi; Mountain Dew; Pepsi Max; Purdey’s; R Whites; Robinsons; Squash’d; Tango; Tesseire and TK. Britvic Plc is headquartered in Hemel Hempstead, the United Kingdom. “
Britvic PLC Sponsored ADR (OTCMKTS:BTVCY) remained flat at $19.35 during mid-day trading on Thursday. Britvic PLC Sponsored ADR has a 12 month low of $13.62 and a 12 month high of $20.22. The company’s 50-day moving average price is $14.98 and its 200 day moving average price is $17.25. The company has a market capitalization of $2.55 billion and a P/E ratio of 17.18.
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About Britvic PLC Sponsored ADR
Britvic plc, together with its subsidiaries, manufactures, markets, and distributes soft drinks primarily in the United Kingdom, the Republic of Ireland, France, and Brazil. It offers soft drinks comprising sparkling sodas, juice drinks, ice tea, squash, syrups, mineral water, mixers, energy drinks, liquid concentrates, and ready-to-drink nectar drinks under the 7Up, Ballygowan, Britvic, C&C, Club Mixers, Club Orange, DaFruta, Drench, Energise Sport, Fruit Shoot, Gatorade, J2O, Lipton, Maguary, MiWadi, Mountain Dew, Pepsi Max, Purdey's, R Whites, Robinsons, Squash'd, Tango, Teisseire, and TK, as well as Britvic Mixers, Juices, and Cordials brands.
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