Britvic’s (BVIC) “Hold” Rating Reaffirmed at Deutsche Bank Aktiengesellschaft

Deutsche Bank Aktiengesellschaft reissued their hold rating on shares of Britvic (LON:BVICGet Rating) in a research note released on Thursday, Marketbeat reports. They currently have a GBX 830 ($9.81) target price on the stock.

Several other brokerages have also commented on BVIC. Royal Bank of Canada reissued a buy rating and set a GBX 935 ($11.06) price target on shares of Britvic in a research note on Friday, November 18th. Barclays restated an equal weight rating and set a GBX 960 ($11.35) price objective on shares of Britvic in a report on Tuesday, October 18th. Three research analysts have rated the stock with a hold rating and five have assigned a buy rating to the company. Based on data from MarketBeat.com, the company presently has a consensus rating of Moderate Buy and an average price target of GBX 981.25 ($11.60).

Britvic Stock Performance

Shares of BVIC stock opened at GBX 797 ($9.42) on Thursday. The company has a quick ratio of 0.70, a current ratio of 1.05 and a debt-to-equity ratio of 145.50. The stock’s 50-day moving average price is GBX 743.73 and its 200 day moving average price is GBX 794.90. Britvic has a 52-week low of GBX 697.50 ($8.25) and a 52-week high of GBX 960 ($11.35). The stock has a market capitalization of £2.09 billion and a PE ratio of 1,794.32.

Britvic Increases Dividend

The firm also recently declared a dividend, which will be paid on Wednesday, February 8th. Shareholders of record on Thursday, December 22nd will be given a GBX 21.20 ($0.25) dividend. This is a positive change from Britvic’s previous dividend of $7.80. The ex-dividend date is Thursday, December 22nd. This represents a yield of 2.76%. Britvic’s payout ratio is 55.00%.

Insider Buying and Selling

In other Britvic news, insider Joanne Wilson sold 5,073 shares of Britvic stock in a transaction on Friday, September 9th. The shares were sold at an average price of GBX 780 ($9.22), for a total transaction of £39,569.40 ($46,788.93). In the last 90 days, insiders bought 60 shares of company stock valued at $45,440.

About Britvic

(Get Rating)

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 (LON:BVIC)

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