Brokerages Set Britvic Plc (LON:BVIC) Target Price at $689.33

Shares of Britvic Plc (LON:BVIC) have earned an average recommendation of “Hold” from the fourteen analysts that are currently covering the stock, Marketbeat.com reports. Eight research analysts have rated the stock with a hold recommendation and six have given a buy recommendation to the company. The average twelve-month price target among brokers that have updated their coverage on the stock in the last year is GBX 693.50 ($9.03).

A number of research firms have recently commented on BVIC. Jefferies Group LLC reiterated a “hold” rating and issued a GBX 680 ($8.86) price objective on shares of Britvic Plc in a research note on Monday, July 31st. Numis Securities Ltd restated a “hold” rating and set a GBX 770 ($10.03) price target on shares of Britvic Plc in a research note on Thursday, July 27th. Barclays PLC restated an “overweight” rating on shares of Britvic Plc in a research note on Thursday, May 25th. Whitman Howard restated a “buy” rating and set a GBX 800 ($10.42) price target on shares of Britvic Plc in a research note on Tuesday, June 13th. Finally, Shore Capital restated a “buy” rating on shares of Britvic Plc in a research note on Wednesday, June 7th.

Britvic Plc (LON BVIC) traded down 0.34% on Monday, hitting GBX 732.50. The stock had a trading volume of 440,323 shares. Britvic Plc has a one year low of GBX 521.00 and a one year high of GBX 746.00. The stock’s market cap is GBX 1.93 billion. The stock’s 50 day moving average is GBX 711.40 and its 200 day moving average is GBX 673.03.

The firm also recently announced a dividend, which was paid on Friday, July 14th. Stockholders of record on Thursday, June 1st were issued a GBX 7.20 ($0.09) dividend. This represents a dividend yield of 1%. The ex-dividend date was Thursday, June 1st.

In other news, insider John Patrick Daly acquired 8,000 shares of Britvic Plc stock in a transaction on Tuesday, July 4th. The shares were purchased at an average price of GBX 690 ($8.99) per share, with a total value of £55,200 ($71,884.36). In the last ninety days, insiders have acquired 8,051 shares of company stock worth $5,556,582.

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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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