Shares of Britvic Plc (LON:BVIC) have earned a consensus rating of “Hold” from the twelve ratings firms that are presently covering the company, Marketbeat Ratings reports. Nine research analysts have rated the stock with a hold rating and three have given a buy rating to the company. The average 1-year price objective among brokerages that have issued a report on the stock in the last year is GBX 756.67 ($10.26).

BVIC has been the topic of a number of analyst reports. Whitman Howard reiterated a “buy” rating and set a GBX 900 ($12.21) target price on shares of Britvic in a report on Tuesday, November 7th. JPMorgan Chase & Co. increased their target price on Britvic from GBX 700 ($9.49) to GBX 760 ($10.31) and gave the company a “neutral” rating in a report on Wednesday, November 1st. Citigroup reiterated a “buy” rating and set a GBX 870 ($11.80) target price on shares of Britvic in a report on Tuesday, October 17th. Morgan Stanley increased their target price on Britvic from GBX 620 ($8.41) to GBX 680 ($9.22) and gave the company an “equal weight” rating in a report on Monday, January 8th. Finally, Shore Capital Group cut Britvic to a “hold” rating in a report on Monday, November 13th.

Britvic (BVIC) traded up GBX 11 ($0.15) on Monday, hitting GBX 800 ($10.85). The company had a trading volume of 807,510 shares, compared to its average volume of 780,200. The firm has a market cap of $2,110.00 and a PE ratio of 1,904.76. Britvic has a 1-year low of GBX 576 ($7.81) and a 1-year high of GBX 825 ($11.19).

Britvic (LON:BVIC) last released its quarterly earnings results on Wednesday, November 29th. The company reported GBX 52.90 ($0.72) earnings per share for the quarter, topping analysts’ consensus estimates of GBX 49.70 ($0.67) by GBX 3.20 ($0.04). The business had revenue of GBX 154.08 billion for the quarter. Britvic had a return on equity of 51.61% and a net margin of 9.31%.

The business also recently disclosed a dividend, which will be paid on Monday, February 5th. Shareholders of record on Thursday, December 7th will be given a GBX 19.30 ($0.26) dividend. The ex-dividend date is Thursday, December 7th. This is a positive change from Britvic’s previous dividend of $7.20. This represents a yield of 2.4%.

In other news, insider Matt Barwell sold 7,720 shares of the firm’s stock in a transaction dated Thursday, November 30th. The stock was sold at an average price of GBX 800 ($10.85), for a total transaction of £61,760 ($83,753.73). Also, insider John Patrick Daly bought 7,000 shares of the stock in a transaction dated Monday, December 18th. The shares were acquired at an average price of GBX 795 ($10.78) per share, with a total value of £55,650 ($75,467.86). Insiders acquired 7,029 shares of company stock worth $5,587,648 over the last three months.

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About Britvic

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.

Analyst Recommendations for Britvic (LON:BVIC)

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