Britvic PLC (LON:BVIC) Rating Reaffirmed
The equities firm has just set a target of GBX 746.00 on Britvic PLC (LON:BVIC) shares. This is 5.52% from the stock close price. In a note sent to investors and clients on Thursday, 17 December, Investec reiterated their “Hold” rating on shares of BVIC.
From a total of 14 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 809.29 with a 13.63% above today’s (GBX 707) stock price. Britvic PLC was the topic of 57 analyst reports since July 23, 2015 according to the firm StockzIntelligence Inc. Societe Generale maintained shares on December 11 with “Buy” rating. Deutsche Bank maintained shares with “Hold” rating and GBX 775 target share price in a report from a November 26. Goodbody initiated BVIC stock in a recent report from December 8 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, Nomura maintained the stock with “Buy” rating in a report issued on a December 3.
The stock closed the day at GBX 707 during the previous session. It is down 5.42% since May 20, 2015 and is downtrending. It has underperformed by 3.15% 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 17.2 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.