Britvic (BVIC) Receives Average Recommendation of “Hold” from Analysts

Shares of Britvic (LON:BVIC) have been assigned an average rating of “Hold” from the eleven ratings firms that are currently covering the company, MarketBeat Ratings reports. One analyst has rated the stock with a sell rating, four have assigned a hold rating and six have issued a buy rating on the company. The average 12-month target price among brokers that have issued ratings on the stock in the last year is GBX 841.25 ($11.73).

Several equities research analysts recently weighed in on BVIC shares. Citigroup restated a “buy” rating and set a GBX 870 ($12.13) target price on shares of Britvic in a research note on Monday. Deutsche Bank boosted their target price on Britvic from GBX 700 ($9.76) to GBX 950 ($13.25) and gave the stock a “buy” rating in a research note on Thursday, January 18th. Morgan Stanley boosted their target price on Britvic from GBX 620 ($8.65) to GBX 680 ($9.48) and gave the stock an “equal weight” rating in a research note on Monday, January 8th. Jefferies Group decreased their target price on Britvic from GBX 800 ($11.16) to GBX 780 ($10.88) and set a “hold” rating for the company in a research note on Friday, February 2nd. Finally, Numis Securities restated a “hold” rating and set a GBX 785 ($10.95) target price on shares of Britvic in a research note on Wednesday, January 31st.

Shares of BVIC traded down GBX 2 ($0.03) during midday trading on Wednesday, hitting GBX 710 ($9.90). The company had a trading volume of 859,538 shares, compared to its average volume of 919,319. Britvic has a 1 year low of GBX 633.50 ($8.84) and a 1 year high of GBX 839 ($11.70).

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About Britvic

Britvic plc, together with its subsidiaries, manufactures, markets, and distributes soft drinks primarily in the United Kingdom, the Republic of Ireland, France, and Brazil. The company offers soft drinks comprising sparkling sodas, juice drinks, ice tea, squash, syrups, mineral water, mixers, energy drinks, liquid concentrates, and ready-to-drink nectar drinks under the 7Up, Ballygowan, Britvic, C&C, Club Mixers, Club Orange, DaFruta, Drench, Energise Sport, Fruit Shoot, Gatorade, J2O, Lipton, Maguary, MiWadi, Mountain Dew, Pepsi Max, Purdey's, R Whites, Robinsons, Tango, Teisseire, TK, Fruité, Moulin de Valdonne, and Pressade brands.

Analyst Recommendations for Britvic (LON:BVIC)

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