Goodbody Reaffirms “Buy” Rating for Britvic Plc (BVIC)


Britvic Plc (LON:BVIC)‘s stock had its “buy” rating reiterated by investment analysts at Goodbody in a note issued to investors on Tuesday.
BVIC has been the subject of several other research reports. Royal Bank Of Canada reaffirmed a “sector performer” rating and set a GBX 730 ($9.72) target price on shares of Britvic Plc in a research note on Friday, April 8th. Deutsche Bank AG decreased their price target on Britvic Plc from GBX 775 ($10.32) to GBX 700 ($9.32) and set a “hold” rating for the company in a research report on Wednesday, July 6th. Berenberg Bank reiterated a “buy” rating and issued a GBX 850 ($11.32) price target on shares of Britvic Plc in a research report on Tuesday, April 19th. JPMorgan Chase & Co. reiterated an “underweight” rating and issued a GBX 650 ($8.66) price target on shares of Britvic Plc in a research report on Wednesday, April 20th. Finally, Morgan Stanley began coverage on Britvic Plc in a research report on Tuesday, August 2nd. They issued an “equal weight” rating and a GBX 650 ($8.66) price target for the company. One research analyst has rated the stock with a sell rating, eight have issued a hold rating and seven have assigned a buy rating to the company’s stock. The company presently has an average rating of “Hold” and an average target price of GBX 712.87 ($9.49).
Shares of Britvic Plc (LON:BVIC) traded down 1.08% during mid-day trading on Tuesday, hitting GBX 642.00. The stock had a trading volume of 288,788 shares. Britvic Plc has a one year low of GBX 570.50 and a one year high of GBX 740.50. The company has a 50-day moving average of GBX 635.35 and a 200 day moving average of GBX 668.57. The firm’s market cap is GBX 1.68 billion.

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About Britvic Plc
Britvic Plc is a United Kingdom-based soft drinks company. The Company offers sparkling sodas, juice drinks, ice tea, squash, syrups, mineral waters, mixers and energy drinks. The Company operates through five segments: GB stills, GB cards, Ireland, France and International. The Company manufactures, markets and sells its range of brands, including Pepsi, 7UP, Lipton Ice Tea and Mountain Dew.

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