Berenberg covered Britvic PLC (LON:BVIC), maintaining its target price at 725.00GBX today
- Updated: February 12, 2017
Yesterday Britvic PLC (LON:BVIC) traded 0.32% higher at 640.25GBX. The company’s 50-day moving average is 592.38GBX and its 200-day moving average is 594.90GBX. The last closing price is up 6.60% from the 200-day moving average, compared to the S&P 500 which has increased 0.06% over the same time. 1,175,462 shares of the stock were exchanged, up from an average trading volume of 1,020,140
Britvic PLC (LON:BVIC) had its target hold steady to 725.00GBX by Berenberg in an issued report announced 2/9/2017. The updated price target implies a potential upside of 0.13% based on the company's last closing price.
Previously on 2/1/2017, HSBC reported on Britvic PLC (LON:BVIC) held steady the target price at 625.00GBX. At the time, this indicated a possible downside of -0.01%.
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Britvic PLC has a 52 week low of 521.00GBX and a 52 week high of 738.00GBX with a P/E ratio of 14.58 The company’s market cap is currently 0 GBX.
In addition to Berenberg reporting its target price, a total of 15 brokers have issued a report on the stock. The consensus target price is 765.47GBX with 3 brokers rating the stock a strong buy, 8 brokers rating the stock a buy, 4 brokers rating the stock a hold, 1 broker rating the stock a underperform, and finally 0 brokers rating the stock a sell.
General Information About Britvic PLC (LON:BVIC)
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. In Great Britain, the Company's brands include Robinsons, J2O, Tango, Fruit Shoot and Teisseire. The Ireland segment includes its operations in Republic of Ireland and Northern Ireland. In Ireland, its portfolio includes brands, such as Ballygowan, MiWadi and Club. In France, the Company offers products, such as syrups, organic fruit juice and soft drinks for children. In Brazil, the Company supplies liquid concentrates (dilutes) and ready-to-drink (RTD) nectar drinks. Its brands in Brazil include Maguary and daFruta. The International segment includes franchise, distribution or licensing arrangements.
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