Numis Reconfirms Britvic PLC (LON:BVIC) As a Buy; They Now Have a Price Objective Of GBX 859.00


Britvic PLC (LON:BVIC) Rating Reaffirmed

Expert analysts at Numis now has a GBX 859.00 target price on Britvic PLC (LON:BVIC). Numis and their recent target price gives a potential upside of 22.89% from the company’s previous stock close. The rating has been released in an analyst note on Friday, 4 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 14.18% above today’s (GBX 700.5) stock price. Britvic PLC was the topic of 53 analyst reports since July 23, 2015 according to the firm StockzIntelligence Inc. Nomura maintained shares on December 3 with “Buy” rating. Deutsche Bank maintained shares with “Hold” rating and GBX 775 target share price in a report from a November 26. Societe Generale maintained BVIC stock in a recent report from November 26 with “Buy” rating. Goldman Sachs maintained the rating on November 26. Goldman Sachs has a “Conviction Buy” rating and a GBX 833 price target on shares. Finally, Citigroup maintained the stock with “Buy” rating in a report issued on a November 26.

Approximately 65,896 shares of stock traded hands. Britvic Plc (LON:BVIC) has declined 4.59% since May 7, 2015 and is downtrending. It has underperformed by 1.81% the S&P500.

Numis Reconfirms Britvic PLC (LON:BVIC) As a Buy; They Now Have a Price Objective Of GBX 859.00

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 17.04 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.