Britvic (LON:BVIC) Coverage Initiated by Analysts at Deutsche Bank Aktiengesellschaft

Deutsche Bank Aktiengesellschaft initiated coverage on shares of Britvic (LON:BVIC) in a research note published on Tuesday morning, Marketbeat Ratings reports. The firm issued a buy rating and a GBX 1,040 ($13.06) target price on the stock.

Separately, Numis Securities reissued a hold rating and issued a GBX 900 ($11.31) price target on shares of Britvic in a research note on Thursday, April 11th.

Britvic Trading Down 1.2 %

BVIC opened at GBX 874.25 ($10.98) on Tuesday. Britvic has a one year low of GBX 770 ($9.67) and a one year high of GBX 950 ($11.93). The company has a debt-to-equity ratio of 183.33, a current ratio of 0.98 and a quick ratio of 0.73. The business has a 50 day simple moving average of GBX 840.72 and a two-hundred day simple moving average of GBX 846.29. The firm has a market capitalization of £2.18 billion, a price-to-earnings ratio of 1,842.71, a PEG ratio of 1.90 and a beta of 0.64.

Britvic Company Profile

Britvic plc, together with its subsidiaries, manufactures, markets, distributes, and sells soft drinks in the United Kingdom, the Republic of Ireland, France, Brazil, and internationally. It provides fruit juices, syrups, squash, mineral water, sodas, mixers, and energy and flavored drinks. The company supplies water-coolers and bottled water; offers pension funding and financing services; and designs, installs, as well as engages in maintenance of integrated tap related solutions.