Britvic’s (BVIC) Buy Rating Reaffirmed at Kepler Capital Markets
Kepler Capital Markets reiterated their buy rating on shares of Britvic (LON:BVIC) in a report issued on Tuesday, Stock Target Advisor reports.
Other equities analysts also recently issued reports about the stock. UBS Group reaffirmed a buy rating on shares of Britvic in a report on Monday, May 25th. Royal Bank of Canada raised shares of Britvic to an outperform rating and cut their price objective for the stock from GBX 920 ($11.32) to GBX 830 ($10.21) in a report on Wednesday, April 15th. Jefferies Financial Group lifted their price objective on shares of Britvic from GBX 800 ($9.84) to GBX 850 ($10.46) and gave the stock a buy rating in a report on Thursday, May 28th. HSBC cut their price objective on shares of Britvic from GBX 960 ($11.81) to GBX 670 ($8.25) and set a hold rating on the stock in a report on Wednesday, April 1st. Finally, Goldman Sachs Group cut their price objective on shares of Britvic from GBX 940 ($11.57) to GBX 910 ($11.20) and set a buy rating on the stock in a report on Thursday, April 23rd. Four investment analysts have rated the stock with a hold rating and nine have assigned a buy rating to the company. The stock presently has a consensus rating of Buy and an average price target of GBX 820.91 ($10.10).
BVIC opened at GBX 770 ($9.48) on Tuesday. The company has a debt-to-equity ratio of 195.26, a current ratio of 0.75 and a quick ratio of 0.52. The company has a market capitalization of $2.06 billion and a price-to-earnings ratio of 24.21. The firm’s fifty day moving average price is GBX 745.02 and its two-hundred day moving average price is GBX 806.56. Britvic has a 1 year low of GBX 7.08 ($0.09) and a 1 year high of GBX 1,079 ($13.28).
Britvic Company Profile
Britvic plc, together with its subsidiaries, manufactures, markets, and distributes soft drinks primarily in the United Kingdom, the Republic of Ireland, France, and Brazil. It also provides fruit juices, syrups, liquid concentrates, ready-to-drink nectar drinks, sodas, mixers, energy drinks, and flavored water.
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