Britvic (BVIC) Earns Buy Rating from Berenberg Bank
Several other research analysts also recently issued reports on BVIC. Societe Generale lowered their price target on shares of Britvic from GBX 980 ($12.50) to GBX 937 ($11.95) and set a buy rating for the company in a report on Thursday, August 9th. Jefferies Financial Group increased their price objective on Britvic from GBX 780 ($9.95) to GBX 850 ($10.84) and gave the company a hold rating in a report on Monday, August 6th. Numis Securities restated a hold rating on shares of Britvic in a report on Tuesday, July 24th. Deutsche Bank restated a buy rating on shares of Britvic in a report on Friday, July 6th. Finally, Citigroup restated a buy rating and issued a GBX 870 ($11.10) price objective on shares of Britvic in a report on Tuesday, May 22nd. Six equities research analysts have rated the stock with a hold rating and seven have assigned a buy rating to the company’s stock. The company has a consensus rating of Buy and an average price target of GBX 854.27 ($10.90).
Shares of LON:BVIC opened at GBX 787 ($10.04) on Tuesday. Britvic has a 52-week low of GBX 633.50 ($8.08) and a 52-week high of GBX 839 ($10.70).
Britvic plc, together with its subsidiaries, manufactures, markets, and distributes soft drinks primarily in the United Kingdom, the Republic of Ireland, France, and Brazil. The company offers soft drinks comprising sparkling sodas, juice drinks, ice tea, squash, syrups, mineral water, mixers, energy drinks, liquid concentrates, and ready-to-drink nectar drinks under the 7Up, Ballygowan, Britvic, C&C, Club Mixers, Club Orange, DaFruta, Drench, Energise Sport, Fruit Shoot, Gatorade, J2O, Lipton, Maguary, MiWadi, Mountain Dew, Pepsi Max, Purdey's, R Whites, Robinsons, Tango, Teisseire, TK, Fruité, Moulin de Valdonne, and Pressade brands.
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