Britvic Plc (LON:BVIC)’s stock price hit a new 52-week high during mid-day trading on Monday . The company traded as high as GBX 1,061 ($13.86) and last traded at GBX 1,060.64 ($13.86), with a volume of 20604 shares traded. The stock had previously closed at GBX 1,055 ($13.79).
A number of analysts recently issued reports on the stock. JPMorgan Chase & Co. lowered shares of Britvic to a “neutral” rating and lifted their price target for the stock from GBX 985 ($12.87) to GBX 1,065 ($13.92) in a research note on Friday. Shore Capital restated a “hold” rating on shares of Britvic in a research note on Wednesday, July 24th. UBS Group restated a “buy” rating and issued a GBX 1,010 ($13.20) price target on shares of Britvic in a research note on Thursday, October 10th. Barclays restated an “equal weight” rating on shares of Britvic in a research note on Wednesday, September 25th. Finally, Liberum Capital restated a “buy” rating on shares of Britvic in a research note on Friday, October 4th. Nine analysts have rated the stock with a hold rating and six have assigned a buy rating to the stock. Britvic currently has a consensus rating of “Hold” and a consensus target price of GBX 971.92 ($12.70).
The company has a quick ratio of 0.57, a current ratio of 0.79 and a debt-to-equity ratio of 207.23. The firm’s 50 day simple moving average is GBX 951.77 and its two-hundred day simple moving average is GBX 916.21. The stock has a market cap of $2.80 billion and a P/E ratio of 23.80.
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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