Britvic Plc (BVIC) Stock Rating Reaffirmed by Citigroup Inc.
Britvic Plc (LON:BVIC)‘s stock had its “buy” rating reaffirmed by research analysts at Citigroup Inc. in a research note issued to investors on Tuesday. They currently have a GBX 870 ($11.56) target price on the stock. Citigroup Inc.’s price target points to a potential upside of 13.73% from the company’s previous close.
Several other research analysts have also recently commented on the company. Jefferies Group LLC raised their target price on Britvic Plc from GBX 620 ($8.24) to GBX 680 ($9.04) and gave the stock a “hold” rating in a research report on Thursday, July 6th. Whitman Howard reaffirmed a “buy” rating and issued a GBX 800 ($10.63) target price on shares of Britvic Plc in a research report on Thursday, July 20th. Shore Capital reaffirmed a “buy” rating on shares of Britvic Plc in a research report on Thursday, July 27th. Numis Securities Ltd reaffirmed a “hold” rating and issued a GBX 770 ($10.23) target price on shares of Britvic Plc in a research report on Thursday, July 27th. Finally, J P Morgan Chase & Co reaffirmed a “neutral” rating and issued a GBX 700 ($9.30) target price on shares of Britvic Plc in a research report on Friday, July 7th. Seven equities research analysts have rated the stock with a hold rating and six have assigned a buy rating to the stock. Britvic Plc presently has a consensus rating of “Hold” and a consensus price target of GBX 723 ($9.61).
Shares of Britvic Plc (LON BVIC) opened at 765.00 on Tuesday. The company’s market cap is GBX 2.01 billion. The company has a 50 day moving average of GBX 753.55 and a 200-day moving average of GBX 715.06. Britvic Plc has a 52 week low of GBX 521.00 and a 52 week high of GBX 784.50.
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Britvic Plc 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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