Britvic PLC (LON:BVIC) Rating Reaffirmed
RBC Capital Markets now has a GBX 730.00 Estimated Target Price on the 1.84 billion GBP market cap company or 4.14% upside potential. In a comprehensive report released on 27 November, Britvic PLC (LON:BVIC) shares have had their Sector Performer Rating kept steady by expert analysts at RBC Capital Markets.
From a total of 11 analysts covering Britvic PLC (LON:BVIC) stock, 9 rate it a ”Buy”, 0 a “Sell”, and 2 a ”Hold”. This means that 82% of the ratings are positive. The highest target price is GBX 880 while the lowest target price is GBX 710. The mean of all analyst targets is GBX 814.36 with a 16.17% above today’s (GBX 701) stock price. Britvic PLC was the topic of 51 analyst reports since July 23, 2015 according to the firm StockzIntelligence Inc. RBC Capital Markets maintained shares on November 27 with “Sector Performer” rating. Goldman Sachs maintained shares with “Conviction Buy” rating and GBX 833 target share price in a report from a November 26. Barclays Capital maintained BVIC stock in a recent report from November 26 with “Overweight” rating. UBS maintained the rating on November 25. UBS has a “Buy” rating and a GBX 840 price target on shares. Finally, Deutsche Bank maintained the stock with “Hold” rating in a report issued on a November 26.
Approximately 43,241 shares of stock traded hands. Britvic Plc (LON:BVIC) has declined 1.93% since April 30, 2015 and is downtrending. It has underperformed by 0.56% the S&P500.
Britvic plc is a United Kingdom soft drinks company. The company has a market cap of 1.84 billion GBP. The Firm offers sparkling sodas, sophisticated juice drinks, ice tea, squash, syrups, mineral waters, mixers and energy drinks. It has 17.05 P/E ratio. The Company’s brand portfolio in Great Britain includes Robinsons, Tango, J2O and Fruit Shoot with PepsiCo brands, such as Pepsi and 7UP.