Britvic Plc (BVIC) Price Target Increased to GBX 750 by Analysts at Jefferies Group LLC
Britvic Plc (LON:BVIC) had its price objective raised by Jefferies Group LLC from GBX 680 ($8.94) to GBX 750 ($9.86) in a research note issued to investors on Wednesday morning. The brokerage currently has a hold rating on the stock.
BVIC has been the subject of several other reports. Whitman Howard reaffirmed a buy rating and issued a GBX 800 ($10.52) price target on shares of Britvic Plc in a report on Thursday, July 27th. Shore Capital reaffirmed a buy rating on shares of Britvic Plc in a report on Tuesday, July 11th. J P Morgan Chase & Co reaffirmed a neutral rating and issued a GBX 700 ($9.20) price target on shares of Britvic Plc in a report on Friday, July 7th. Finally, Numis Securities Ltd reissued a hold rating and set a GBX 770 ($10.12) target price on shares of Britvic Plc in a research note on Thursday, July 27th. Seven research analysts have rated the stock with a hold rating and six have given a buy rating to the company. The company currently has a consensus rating of Hold and an average target price of GBX 706 ($9.28).
Shares of Britvic Plc (LON BVIC) traded up 0.58% during midday trading on Wednesday, hitting GBX 778.50. 331,837 shares of the stock were exchanged. The firm has a 50-day moving average price of GBX 751.19 and a 200-day moving average price of GBX 710.74. Britvic Plc has a 12-month low of GBX 521.00 and a 12-month high of GBX 784.50. The company’s market cap is GBX 2.05 billion.
About Britvic Plc
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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