Britvic plc (OTCMKTS:BTVCY) Given Average Rating of “Buy” by Brokerages

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Shares of Britvic plc (OTCMKTS:BTVCY) have earned an average rating of “Buy” from the eleven brokerages that are covering the stock, MarketBeat reports. Three research analysts have rated the stock with a hold recommendation and seven have assigned a buy recommendation to the company. The average 1 year price target among brokerages that have covered the stock in the last year is $950.00.

A number of research analysts recently issued reports on BTVCY shares. Zacks Investment Research upgraded shares of Britvic from a “strong sell” rating to a “hold” rating in a research note on Monday, February 8th. JPMorgan Chase & Co. lifted their price target on shares of Britvic from 900.00 to 950.00 in a research note on Friday, November 27th. Royal Bank of Canada reiterated an “outperform” rating on shares of Britvic in a research note on Wednesday, December 2nd. Deutsche Bank Aktiengesellschaft reiterated a “buy” rating on shares of Britvic in a research note on Friday, January 15th. Finally, Barclays reiterated an “equal weight” rating on shares of Britvic in a research note on Tuesday, February 2nd.

Shares of BTVCY stock opened at $22.89 on Tuesday. The company has a debt-to-equity ratio of 1.75, a quick ratio of 0.86 and a current ratio of 1.06. The stock has a market capitalization of $3.06 billion, a P/E ratio of 20.81 and a beta of 1.02. The company has a 50 day moving average price of $21.55 and a 200 day moving average price of $21.38. Britvic has a fifty-two week low of $12.97 and a fifty-two week high of $23.57.

The business also recently disclosed a dividend, which was paid on Monday, February 15th. Stockholders of record on Friday, December 18th were given a dividend of $1.1384 per share. The ex-dividend date was Thursday, December 17th. This represents a dividend yield of 5.43%. Britvic’s dividend payout ratio is presently 51.82%.

About Britvic

Britvic plc, together with its subsidiaries, manufactures, markets, distributes, and sells soft drinks in the United Kingdom, the Republic of Ireland, France, Brazil, and internationally. It also provides fruit juices, syrups, squash, mineral water, liquid concentrates, ready-to-drink nectar drinks, sodas, mixers, and energy and flavored drinks.

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Analyst Recommendations for Britvic (OTCMKTS:BTVCY)

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