Britvic Plc (LON:BVIC) was downgraded by research analysts at Shore Capital to a “hold” rating in a note issued to investors on Monday.
A number of other research firms have also issued reports on BVIC. Whitman Howard reaffirmed a “buy” rating and issued a GBX 900 ($11.84) price target on shares of Britvic Plc in a research report on Tuesday, November 7th. Jefferies Group LLC increased their price target on Britvic Plc from GBX 680 ($8.94) to GBX 750 ($9.86) and gave the company a “hold” rating in a research report on Wednesday, October 11th. Citigroup Inc. reaffirmed a “buy” rating and issued a GBX 870 ($11.44) price target on shares of Britvic Plc in a research report on Tuesday, October 17th. J P Morgan Chase & Co increased their price target on Britvic Plc from GBX 700 ($9.21) to GBX 760 ($10.00) and gave the company a “neutral” rating in a research report on Wednesday, November 1st. Finally, Numis Securities Ltd reaffirmed a “hold” rating and issued a GBX 770 ($10.13) price target on shares of Britvic Plc in a research report on Thursday, July 27th. Eight analysts have rated the stock with a hold rating and five have assigned a buy rating to the company’s stock. The company has an average rating of “Hold” and an average target price of GBX 739 ($9.72).
Shares of Britvic Plc (LON BVIC) opened at GBX 730.34 ($9.61) on Monday. 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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About Britvic Plc
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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