Today Nomura Reaffirms a Buy Rating on Britvic (LON:BVIC) and a GBX 830 Target Price


Britvic (LON:BVIC) Rating Reaffirmed

Nomura now has a GBX 830 Estimated Target Price on shares of Britvic (LON:BVIC). The Estimated Target Price could mean a potential upside of 16.41% from the last stock close of Britvic (LON:BVIC). This rating was disclosed in a note on Thursday, 3 December.

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 808.17 with a 12.18% above today’s (GBX 713) stock price. Britvic PLC was the topic of 52 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 144,711 shares of stock traded hands. Britvic Plc (LON:BVIC) has risen 0.77% since May 6, 2015 and is uptrending. It has outperformed by 1.06% the S&P500.

Today Nomura Reaffirms a Buy Rating on Britvic (LON:BVIC) and a GBX 830 Target Price

Britvic plc is a United Kingdom soft drinks company. The company has a market cap of 1.88 billion GBP. The Firm offers sparkling sodas, sophisticated juice drinks, ice tea, squash, syrups, mineral waters, mixers and energy drinks. It has 17.35 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.