FY2018 EPS Estimates for Britvic Plc Raised by Jefferies Group (BTVCY)
Britvic Plc (OTCMKTS:BTVCY) – Equities research analysts at Jefferies Group lifted their FY2018 earnings per share estimates for Britvic in a research note issued on Friday. Jefferies Group analyst E. Mundy now forecasts that the company will post earnings of $1.47 per share for the year, up from their prior forecast of $1.41. Jefferies Group also issued estimates for Britvic’s FY2019 earnings at $1.58 EPS and FY2020 earnings at $1.69 EPS.
Separately, Zacks Investment Research raised shares of Britvic from a “hold” rating to a “buy” rating and set a $22.00 price target for the company in a research note on Thursday, October 12th.
The firm also recently disclosed a None dividend, which will be paid on Thursday, February 15th. Stockholders of record on Monday, December 11th will be paid a $0.50 dividend. This is a boost from Britvic’s previous None dividend of $0.17. The ex-dividend date is Friday, December 8th.
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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