Britvic Plc (BVIC) Sets New 12-Month High at $774.50
Britvic Plc (LON:BVIC)’s share price reached a new 52-week high on Friday . The company traded as high as GBX 774.50 ($10.00) and last traded at GBX 771.50 ($9.96), with a volume of 408,191 shares changing hands. The stock had previously closed at GBX 767 ($9.91).
A number of equities analysts have weighed in on the stock. Jefferies Group LLC reissued a “hold” rating and issued a GBX 680 ($8.78) price objective on shares of Britvic Plc in a research report on Monday, July 31st. Numis Securities Ltd reissued a “hold” rating and issued a GBX 770 ($9.94) price objective on shares of Britvic Plc in a research report on Thursday, July 27th. Whitman Howard reissued a “buy” rating and issued a GBX 800 ($10.33) price objective on shares of Britvic Plc in a research report on Thursday, July 27th. Shore Capital reissued a “buy” rating on shares of Britvic Plc in a research report on Thursday, July 27th. Finally, J P Morgan Chase & Co reissued a “neutral” rating and issued a GBX 700 ($9.04) price objective on shares of Britvic Plc in a research report on Friday, July 7th. Eight analysts have rated the stock with a hold rating and six have assigned a buy rating to the company’s stock. Britvic Plc presently has an average rating of “Hold” and an average price target of GBX 693.64 ($8.96).
The company has a 50-day moving average of GBX 738.47 and a 200 day moving average of GBX 692.08. The company’s market cap is GBX 2.03 billion.
In related news, insider John Patrick Daly acquired 8,000 shares of the company’s stock in a transaction dated Tuesday, July 4th. The shares were bought at an average price of GBX 690 ($8.91) per share, for a total transaction of £55,200 ($71,290.20). In the last 90 days, insiders have bought 8,051 shares of company stock worth $5,557,046.
About Britvic Plc
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.
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