Britvic Plc (LON:BVIC) Receives Consensus Rating of “Hold” from Brokerages
Britvic Plc (LON:BVIC) has been given a consensus recommendation of “Hold” by the seventeen research firms that are covering the firm. One investment analyst has rated the stock with a sell recommendation, nine have assigned a hold recommendation and seven have issued a buy recommendation on the company. The average 12 month price objective among brokerages that have issued a report on the stock in the last year is GBX 693.07 ($9.05).
BVIC has been the subject of a number of recent analyst reports. JPMorgan Chase & Co. restated an “underweight” rating and issued a GBX 590 ($7.70) price objective on shares of Britvic Plc in a research report on Monday, July 25th. Numis Securities Ltd cut shares of Britvic Plc to an “add” rating and lowered their price objective for the company from GBX 782 ($10.21) to GBX 722 ($9.42) in a research report on Friday, July 22nd. Goodbody restated a “buy” rating on shares of Britvic Plc in a research report on Tuesday, August 2nd. HSBC restated a “hold” rating and issued a GBX 620 ($8.09) price objective on shares of Britvic Plc in a research report on Thursday, August 11th. Finally, Societe Generale cut shares of Britvic Plc to a “hold” rating and lowered their price objective for the company from GBX 870 ($11.36) to GBX 700 ($9.14) in a research report on Monday, June 27th.
Shares of Britvic Plc (LON:BVIC) traded down 0.49% on Tuesday, hitting GBX 609.50. The stock had a trading volume of 1,403,845 shares. The firm has a 50 day moving average price of GBX 637.29 and a 200 day moving average price of GBX 659.09. Britvic Plc has a one year low of GBX 570.50 and a one year high of GBX 740.50. The company’s market capitalization is GBX 1.60 billion.
About Britvic Plc
Britvic Plc is a United Kingdom-based soft drinks company. The Company offers sparkling sodas, juice drinks, ice tea, squash, syrups, mineral waters, mixers and energy drinks. The Company operates through five segments: GB stills, GB cards, Ireland, France and International. The Company manufactures, markets and sells its range of brands, including Pepsi, 7UP, Lipton Ice Tea and Mountain Dew.
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