Britvic Plc (LON:BVIC) Given Average Recommendation of “Hold” by Brokerages

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Britvic Plc (LON:BVIC) has been given a consensus rating of “Hold” by the thirteen ratings firms that are presently covering the stock, MarketBeat reports. Nine equities research analysts have rated the stock with a hold recommendation and four have issued a buy recommendation on the company. The average 1 year price target among analysts that have updated their coverage on the stock in the last year is GBX 917.50 ($11.99).

A number of research firms have issued reports on BVIC. Deutsche Bank reaffirmed a “buy” rating on shares of Britvic in a report on Friday, July 26th. Numis Securities raised their target price on Britvic from GBX 815 ($10.65) to GBX 905 ($11.83) and gave the company a “hold” rating in a report on Thursday, May 23rd. Shore Capital reaffirmed a “hold” rating on shares of Britvic in a report on Wednesday, July 24th. Goldman Sachs Group raised their target price on Britvic from GBX 820 ($10.71) to GBX 830 ($10.85) and gave the company a “neutral” rating in a report on Thursday, May 23rd. Finally, Berenberg Bank raised their target price on Britvic from GBX 950 ($12.41) to GBX 1,000 ($13.07) and gave the company a “buy” rating in a report on Wednesday, June 5th.

Shares of BVIC stock remained flat at $GBX 864 ($11.29) during trading on Tuesday. The company had a trading volume of 584,970 shares, compared to its average volume of 919,319. The business’s 50 day simple moving average is GBX 890.40. The company has a debt-to-equity ratio of 207.23, a quick ratio of 0.57 and a current ratio of 0.79. Britvic has a 1-year low of GBX 740.50 ($9.68) and a 1-year high of GBX 968.50 ($12.66). The firm has a market capitalization of $2.28 billion and a price-to-earnings ratio of 19.42.

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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Analyst Recommendations for Britvic (LON:BVIC)

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