Jefferies Group LLC Reaffirms Hold Rating for Britvic Plc (BVIC)

Jefferies Group LLC restated their hold rating on shares of Britvic Plc (LON:BVIC) in a research note published on Monday, July 31st. They currently have a GBX 680 ($8.86) price target on the stock.

Several other analysts also recently weighed in on BVIC. Numis Securities Ltd restated a hold rating and set a GBX 770 ($10.03) target price on shares of Britvic Plc in a research note on Thursday, July 27th. Barclays PLC restated an overweight rating on shares of Britvic Plc in a research note on Thursday, May 25th. Whitman Howard reaffirmed a buy rating and issued a GBX 800 ($10.42) price target on shares of Britvic Plc in a report on Tuesday, June 13th. Shore Capital reaffirmed a buy rating on shares of Britvic Plc in a report on Wednesday, June 7th. Finally, JPMorgan Chase & Co. reaffirmed a neutral rating and issued a GBX 700 ($9.12) price target on shares of Britvic Plc in a report on Friday, July 7th. Eight investment analysts have rated the stock with a hold rating and six have issued a buy rating to the company. Britvic Plc presently has an average rating of Hold and a consensus target price of GBX 693.64 ($9.03).

Shares of Britvic Plc (BVIC) opened at 732.50 on Monday. The firm’s 50-day moving average price is GBX 711.55 and its 200 day moving average price is GBX 673.67. The stock’s market capitalization is GBX 1.93 billion. Britvic Plc has a 12-month low of GBX 521.00 and a 12-month high of GBX 742.00.

COPYRIGHT VIOLATION NOTICE: This story was originally published by Sports Perspectives and is owned by of Sports Perspectives. If you are reading this story on another domain, it was illegally copied and reposted in violation of US & international copyright law. The legal version of this story can be read at https://sportsperspectives.com/2017/08/12/jefferies-group-llc-reaffirms-hold-rating-for-britvic-plc-bvic-updated.html.

The company also recently disclosed a dividend, which was paid on Friday, July 14th. Shareholders of record on Thursday, June 1st were given a GBX 7.20 ($0.09) dividend. The ex-dividend date was Thursday, June 1st. This represents a yield of 1%.

In related news, insider John Patrick Daly purchased 8,000 shares of Britvic Plc stock in a transaction dated Tuesday, July 4th. The shares were acquired at an average cost of GBX 690 ($8.99) per share, for a total transaction of £55,200 ($71,884.36). Insiders acquired a total of 8,051 shares of company stock worth $5,556,582 over the last quarter.

About Britvic Plc

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.

Analyst Recommendations for Britvic Plc (LON:BVIC)

Receive News & Ratings for Britvic Plc Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Britvic Plc and related companies with MarketBeat.com's FREE daily email newsletter.

Latest News

Leave a Reply