Britvic Plc (BVIC) Receives GBX 841 Consensus Target Price from Brokerages

Britvic Plc (LON:BVIC) has earned an average recommendation of “Buy” from the eleven research firms that are currently covering the company, Marketbeat.com reports. Five research analysts have rated the stock with a hold rating and six have assigned a buy rating to the company. The average 1 year target price among brokers that have issued ratings on the stock in the last year is GBX 841 ($10.99).

A number of brokerages have recently issued reports on BVIC. Shore Capital restated a “hold” rating on shares of Britvic in a research report on Tuesday, October 23rd. Deutsche Bank restated a “buy” rating on shares of Britvic in a research report on Friday, October 19th. Goldman Sachs Group dropped their price target on shares of Britvic from GBX 765 ($10.00) to GBX 761 ($9.94) and set a “neutral” rating on the stock in a research report on Thursday, September 6th. Royal Bank of Canada boosted their target price on shares of Britvic from GBX 660 ($8.62) to GBX 730 ($9.54) and gave the company a “sector performer” rating in a research report on Thursday, August 16th. Finally, Berenberg Bank reiterated a “buy” rating and set a GBX 900 ($11.76) target price on shares of Britvic in a research report on Tuesday, August 14th.

BVIC opened at GBX 822 ($10.74) on Friday. Britvic has a fifty-two week low of GBX 633.50 ($8.28) and a fifty-two week high of GBX 839 ($10.96).

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.

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Analyst Recommendations for Britvic (LON:BVIC)

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