Britvic Plc’s (BVIC) “Overweight” Rating Reiterated at Barclays PLC
Barclays PLC reissued their overweight rating on shares of Britvic Plc (LON:BVIC) in a research note issued to investors on Wednesday. Barclays PLC currently has a GBX 710 ($9.46) price target on the stock.
BVIC has been the topic of several other research reports. Deutsche Bank AG lowered their price target on shares of Britvic Plc from GBX 775 ($10.32) to GBX 700 ($9.32) and set a hold rating on the stock in a report on Wednesday, July 6th. Goodbody reaffirmed a buy rating on shares of Britvic Plc in a report on Tuesday, August 2nd. JPMorgan Chase & Co. reaffirmed an underweight rating and set a GBX 590 ($7.86) price target on shares of Britvic Plc in a report on Monday, September 12th. Jefferies Group started coverage on shares of Britvic Plc in a report on Tuesday, September 13th. They set a hold rating and a GBX 650 ($8.66) price target on the stock. Finally, Morgan Stanley started coverage on shares of Britvic Plc in a report on Tuesday, August 2nd. They set an equal weight rating and a GBX 650 ($8.66) price target on the stock. One equities research analyst has rated the stock with a sell rating, nine have given a hold rating and seven have assigned a buy rating to the stock. Britvic Plc presently has a consensus rating of Hold and an average target price of GBX 708 ($9.43).
Britvic Plc (LON:BVIC) opened at 623.00 on Wednesday. Britvic Plc has a 12-month low of GBX 570.50 and a 12-month high of GBX 740.50. The company’s market cap is GBX 1.63 billion. The company’s 50 day moving average is GBX 637.73 and its 200 day moving average is GBX 666.19.
Britvic Plc Company Profile
Britvic Plc is a United Kingdom-based soft drinks company. The Company offers sparkling sodas, juice drinks, ice tea, squash, syrups, mineral waters, mixers and energy drinks. The Company operates through five segments: GB stills, GB cards, Ireland, France and International. The Company manufactures, markets and sells its range of brands, including Pepsi, 7UP, Lipton Ice Tea and Mountain Dew.
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