Analysts Set Britvic Plc (BVIC) Price Target at $699.44

Shares of Britvic Plc (LON:BVIC) have received an average rating of “Hold” from the thirteen brokerages that are presently covering the firm, MarketBeat reports. Seven equities research analysts have rated the stock with a hold rating and six have given a buy rating to the company. The average 12-month price objective among brokers that have updated their coverage on the stock in the last year is GBX 707.22 ($9.30).

Several equities research analysts recently commented on the company. Jefferies Group LLC lifted their price objective on Britvic Plc from GBX 680 ($8.94) to GBX 750 ($9.86) and gave the stock a “hold” rating in a report on Wednesday. Shore Capital reiterated a “buy” rating on shares of Britvic Plc in a report on Tuesday, October 3rd. Numis Securities Ltd reiterated a “hold” rating and issued a GBX 770 ($10.12) price objective on shares of Britvic Plc in a report on Thursday, July 27th. Whitman Howard reiterated a “buy” rating and issued a GBX 800 ($10.52) price objective on shares of Britvic Plc in a report on Thursday, July 27th. Finally, J P Morgan Chase & Co reiterated a “neutral” rating and issued a GBX 700 ($9.20) price objective on shares of Britvic Plc in a report on Friday, July 7th.

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Britvic Plc (LON BVIC) traded up 0.58% during mid-day trading on Friday, hitting GBX 778.50. 331,837 shares of the stock traded hands. Britvic Plc has a 52-week low of GBX 521.00 and a 52-week high of GBX 784.50. The firm’s market cap is GBX 2.05 billion. The firm’s 50-day moving average is GBX 751.91 and its 200 day moving average is GBX 711.22.

Britvic Plc Company Profile

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.

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