Britvic Plc (BVIC) Receives GBX 690.21 Average Target Price from Analysts
Shares of Britvic Plc (LON:BVIC) have been assigned an average recommendation of “Hold” from the seventeen brokerages that are currently covering the firm. Ten research analysts have rated the stock with a hold rating and seven have assigned a buy rating to the company. The average 12 month price objective among brokerages that have covered the stock in the last year is GBX 690.21 ($8.55).
BVIC has been the subject of a number of analyst reports. Numis Securities Ltd lowered Britvic Plc to an “add” rating and dropped their price target for the company from GBX 782 ($9.69) to GBX 722 ($8.94) in a research report on Friday, July 22nd. Goodbody restated a “buy” rating on shares of Britvic Plc in a research report on Thursday, August 11th. Berenberg Bank dropped their price target on Britvic Plc from GBX 850 ($10.53) to GBX 775 ($9.60) and set a “buy” rating for the company in a research report on Friday, August 12th. Goldman Sachs Group Inc. dropped their price target on Britvic Plc from GBX 845 ($10.47) to GBX 810 ($10.03) and set a “buy” rating for the company in a research report on Friday, July 22nd. Finally, Morgan Stanley initiated coverage on Britvic Plc in a research report on Tuesday, August 2nd. They issued an “equal weight” rating and a GBX 650 ($8.05) price target for the company.
Britvic Plc (LON:BVIC) opened at 566.50 on Wednesday. The stock’s market capitalization is GBX 1.49 billion. Britvic Plc has a one year low of GBX 553.00 and a one year high of GBX 740.50. The stock has a 50 day moving average price of GBX 580.57 and a 200-day moving average price of GBX 631.95.
Britvic Plc Company Profile
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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