Britvic Plc (BVIC) Receives GBX 888.45 Consensus Price Target from Analysts

Shares of Britvic Plc (LON:BVIC) have been assigned an average rating of “Hold” from the twelve brokerages that are covering the company, Marketbeat.com reports. Seven investment analysts have rated the stock with a hold rating and five have given a buy rating to the company. The average 12 month target price among brokerages that have issued a report on the stock in the last year is GBX 888.45 ($11.61).

BVIC has been the subject of a number of recent analyst reports. Deutsche Bank raised their price objective on Britvic from GBX 990 ($12.94) to GBX 1,020 ($13.33) and gave the stock a “buy” rating in a research report on Thursday, April 18th. Jefferies Financial Group raised their price objective on Britvic from GBX 850 ($11.11) to GBX 880 ($11.50) and gave the stock a “hold” rating in a research report on Tuesday, April 9th. UBS Group raised their price objective on Britvic from GBX 870 ($11.37) to GBX 920 ($12.02) and gave the stock a “buy” rating in a research report on Friday, January 11th. Barclays initiated coverage on Britvic in a research report on Tuesday, April 2nd. They set an “equal weight” rating and a GBX 960 ($12.54) price objective for the company. Finally, Morgan Stanley downgraded Britvic to an “equal weight” rating and raised their price objective for the stock from GBX 870 ($11.37) to GBX 900 ($11.76) in a research report on Tuesday, February 12th.

Shares of LON:BVIC opened at GBX 897.90 ($11.73) on Friday. The company has a debt-to-equity ratio of 204.93, a current ratio of 0.93 and a quick ratio of 0.69. The stock has a market cap of $2.39 billion and a P/E ratio of 20.36. Britvic has a 12-month low of GBX 737 ($9.63) and a 12-month high of GBX 968.50 ($12.66).

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. It also provides fruit juices, syrups, liquid concentrates, ready-to-drink nectar drinks, sodas, mixers, energy drinks, and flavored water.

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Analyst Recommendations for Britvic (LON:BVIC)

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