Britvic (LON:BVIC) Rating Reaffirmed
In analysts report made public this morning, RBC Capital Markets has decided to reaffirm their “Sector Perform” rating on Britvic (LON:BVIC) shares. The price target means a possible upside of 5.26% from company’s last stock price.
From a total of 12 analysts covering Britvic PLC (LON:BVIC) stock, 10 rate it a ”Buy”, 0 a “Sell”, and 3 a ”Hold”. This means that 77% of the ratings are positive. The highest target price is GBX 900 while the lowest target price is GBX 700. The mean of all analyst targets is GBX 809.58 with a 16.26% above today’s (GBX 691) stock price. Britvic PLC was the topic of 55 analyst reports since July 23, 2015 according to the firm StockzIntelligence Inc. Goodbody initiated shares on December 8 with “Buy” rating. Deutsche Bank maintained shares with “Hold” rating and GBX 775 target share price in a report from a November 26. Nomura maintained BVIC stock in a recent report from December 3 with “Buy” rating. Barclays Capital maintained the rating on November 26. Barclays Capital has a “Overweight” rating and a GBX 825 price target on shares. Finally, Societe Generale maintained the stock with “Buy” rating in a report issued on a November 26.
Approximately 102,980 shares of stock traded hands. Britvic Plc (LON:BVIC) has declined 6.91% since May 13, 2015 and is downtrending. It has underperformed by 4.97% the S&P500.
Britvic plc is a United Kingdom soft drinks company. The company has a market cap of 1.80 billion GBP. The Firm offers sparkling sodas, sophisticated juice drinks, ice tea, squash, syrups, mineral waters, mixers and energy drinks. It has 16.81 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.