Britvic (LON:BVIC) Given Hold Rating at Shore Capital

Shore Capital reiterated their hold rating on shares of Britvic (LON:BVIC) in a report issued on Monday morning, ThisIsMoney.Co.Uk reports.

Other equities analysts have also recently issued reports about the stock. Citigroup upgraded shares of Britvic to a buy rating and upped their price target for the company from GBX 1,050 ($13.81) to GBX 1,070 ($14.08) in a research report on Friday, December 6th. Royal Bank of Canada upped their price objective on shares of Britvic from GBX 900 ($11.84) to GBX 920 ($12.10) and gave the company a sector performer rating in a research note on Friday, November 29th. UBS Group upped their price objective on shares of Britvic from GBX 1,010 ($13.29) to GBX 1,030 ($13.55) and gave the company a buy rating in a research note on Tuesday, December 10th. Jefferies Financial Group upped their price objective on shares of Britvic from GBX 1,000 ($13.15) to GBX 1,150 ($15.13) and gave the company a buy rating in a research note on Friday, December 13th. Finally, Goldman Sachs Group reduced their price objective on shares of Britvic from GBX 1,120 ($14.73) to GBX 1,000 ($13.15) and set a buy rating on the stock in a research note on Monday, March 16th. Six research analysts have rated the stock with a hold rating and eight have assigned a buy rating to the company’s stock. Britvic currently has a consensus rating of Buy and an average target price of GBX 953.46 ($12.54).

Shares of LON BVIC opened at GBX 668.50 ($8.79) on Monday. The company has a debt-to-equity ratio of 166.68, a quick ratio of 0.57 and a current ratio of 0.87. Britvic has a 52-week low of GBX 536 ($7.05) and a 52-week high of GBX 1,079 ($14.19). The firm has a 50 day moving average price of GBX 826.77 and a two-hundred day moving average price of GBX 915.58. The stock has a market cap of $1.74 billion and a P/E ratio of 22.06.

In other news, insider Simon Litherland sold 6,242 shares of the company’s stock in a transaction on Tuesday, February 4th. The shares were sold at an average price of GBX 941 ($12.38), for a total value of £58,737.22 ($77,265.48). Over the last ninety days, insiders bought 42 shares of company stock worth $37,201.

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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