Britvic Plc’s (BVIC) “Buy” Rating Reiterated at Citigroup Inc.

Britvic Plc (LON:BVIC)‘s stock had its “buy” rating reissued by Citigroup Inc. in a research report issued to clients and investors on Tuesday, October 17th. They presently have a GBX 870 ($11.44) price objective on the stock. Citigroup Inc.’s price target indicates a potential upside of 11.68% from the stock’s previous close.

Several other brokerages have also weighed in on BVIC. Jefferies Group LLC increased their price objective on shares of Britvic Plc from GBX 680 ($8.94) to GBX 750 ($9.86) and gave the company a “hold” rating in a report on Wednesday, October 11th. Shore Capital restated a “buy” rating on shares of Britvic Plc in a report on Tuesday, October 3rd. Numis Securities Ltd restated a “hold” rating and issued a GBX 770 ($10.13) price objective on shares of Britvic Plc in a report on Thursday, July 27th. J P Morgan Chase & Co restated a “neutral” rating and issued a GBX 700 ($9.21) price objective on shares of Britvic Plc in a report on Friday, July 7th. Finally, Whitman Howard restated a “buy” rating and issued a GBX 800 ($10.52) price objective on shares of Britvic Plc in a report on Thursday, July 20th. Seven equities research analysts have rated the stock with a hold rating and six have given a buy rating to the company’s stock. The company currently has an average rating of “Hold” and an average price target of GBX 729 ($9.59).

Shares of Britvic Plc (LON:BVIC) traded up GBX 6.50 ($0.09) during mid-day trading on Tuesday, hitting GBX 779 ($10.25). 361,558 shares of the stock were exchanged, compared to its average volume of 571,734. Britvic Plc has a 12 month low of GBX 521 ($6.85) and a 12 month high of GBX 784.50 ($10.32).

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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.

Analyst Recommendations for Britvic Plc (LON:BVIC)

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