Numis Securities reissued their hold rating on shares of Britvic (LON:BVIC) in a research report report published on Thursday, ThisIsMoney.Co.Uk reports.
BVIC has been the subject of several other research reports. Deutsche Bank raised their price target on shares of Britvic from GBX 990 ($12.94) to GBX 1,020 ($13.33) and gave the company a buy rating in a research report on Thursday, April 18th. Jefferies Financial Group raised their price target on shares of Britvic from GBX 850 ($11.11) to GBX 880 ($11.50) and gave the company a hold rating in a research report on Tuesday, April 9th. Morgan Stanley cut shares of Britvic to an equal weight rating and raised their price target for the company from GBX 870 ($11.37) to GBX 900 ($11.76) in a research report on Tuesday, February 12th. Citigroup cut shares of Britvic to a neutral rating in a research report on Thursday, May 9th. Finally, Shore Capital reissued a hold rating on shares of Britvic in a research report on Tuesday, April 30th. Eight investment analysts have rated the stock with a hold rating and four have assigned a buy rating to the stock. Britvic presently has a consensus rating of Hold and a consensus target price of GBX 896.64 ($11.72).
Britvic stock opened at GBX 936.50 ($12.24) on Thursday. Britvic has a fifty-two week low of GBX 740.50 ($9.68) and a fifty-two week high of GBX 968.50 ($12.66). The company has a debt-to-equity ratio of 204.93, a current ratio of 0.93 and a quick ratio of 0.69. The company has a market capitalization of $2.48 billion and a P/E ratio of 21.24.
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.
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