Britvic (LON:BVIC) had its target price hoisted by Royal Bank of Canada from GBX 900 ($11.76) to GBX 920 ($12.02) in a research report report published on Friday, Digital Look reports. Royal Bank of Canada currently has a sector performer rating on the stock.
Other analysts also recently issued research reports about the stock. Jefferies Financial Group upgraded shares of Britvic to a buy rating and lifted their target price for the company from GBX 880 ($11.50) to GBX 1,000 ($13.07) in a report on Friday, September 13th. UBS Group reissued a buy rating on shares of Britvic in a research report on Thursday. Berenberg Bank raised their price target on shares of Britvic from GBX 1,000 ($13.07) to GBX 1,060 ($13.85) and gave the company a buy rating in a research report on Friday, November 22nd. Deutsche Bank reissued a buy rating on shares of Britvic in a research report on Thursday. Finally, JPMorgan Chase & Co. cut shares of Britvic to a neutral rating and raised their price target for the company from GBX 985 ($12.87) to GBX 1,065 ($13.92) in a research report on Friday, October 18th. Ten analysts have rated the stock with a hold rating and five have given a buy rating to the stock. The stock presently has an average rating of Hold and a consensus target price of GBX 981.92 ($12.83).
Britvic stock opened at GBX 969 ($12.66) on Friday. Britvic has a fifty-two week low of GBX 782.50 ($10.22) and a fifty-two week high of GBX 1,079 ($14.10). The company has a debt-to-equity ratio of 207.23, a quick ratio of 0.57 and a current ratio of 0.79. The firm has a 50 day moving average price of GBX 991.65 and a 200 day moving average price of GBX 927.32. The company has a market capitalization of $2.57 billion and a PE ratio of 21.78.
Britvic Company Profile
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.
Further Reading: Oversold
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