Britvic Plc (BVIC) Insider Buys £55,650 in Stock
Britvic Plc (LON:BVIC) insider John Patrick Daly bought 7,000 shares of the company’s stock in a transaction that occurred on Monday, December 18th. The shares were bought at an average cost of GBX 795 ($10.70) per share, for a total transaction of £55,650 ($74,899.06).
Shares of Britvic Plc (LON BVIC) opened at GBX 805 ($10.83) on Friday. Britvic Plc has a fifty-two week low of GBX 547.50 ($7.37) and a fifty-two week high of GBX 825 ($11.10).
Britvic (LON:BVIC) last announced its quarterly earnings results on Wednesday, November 29th. The company reported GBX 52.90 ($0.71) earnings per share (EPS) for the quarter, beating the Thomson Reuters’ consensus estimate of GBX 49.70 ($0.67) by GBX 3.20 ($0.04). The firm had revenue of GBX 154.08 billion for the quarter. Britvic had a net margin of 9.31% and a return on equity of 51.61%.
The firm also recently declared a dividend, which will be paid on Monday, February 5th. Shareholders of record on Thursday, December 7th will be issued a GBX 19.30 ($0.26) dividend. This represents a yield of 2.4%. The ex-dividend date is Thursday, December 7th. This is a positive change from Britvic’s previous dividend of $7.20.
BVIC has been the topic of a number of research reports. Whitman Howard reaffirmed a “buy” rating and set a GBX 900 ($12.11) target price on shares of Britvic in a research report on Tuesday, November 7th. J P Morgan Chase & Co boosted their target price on shares of Britvic from GBX 700 ($9.42) to GBX 760 ($10.23) and gave the stock a “neutral” rating in a research report on Wednesday, November 1st. Citigroup reaffirmed a “buy” rating and set a GBX 870 ($11.71) target price on shares of Britvic in a research report on Tuesday, October 17th. Shore Capital Group lowered shares of Britvic to a “hold” rating in a research report on Monday, November 13th. Finally, Shore Capital reaffirmed a “buy” rating on shares of Britvic in a research report on Tuesday, October 3rd. Eight analysts have rated the stock with a hold rating and five have given a buy rating to the stock. Britvic currently has an average rating of “Hold” and a consensus target price of GBX 750.50 ($10.10).
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Britvic Company Profile
Britvic plc is a United Kingdom-based soft drinks company. The Company operates in the soft drinks manufacturing and distribution industry. It operates through six segments: GB stills, GB carbs, Ireland, France, Brazil and International. The GB stills and GB carbs segments include its operations in the United Kingdom excluding Northern Ireland.
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