Several other research analysts also recently weighed in on the company. Barclays PLC reiterated an overweight rating on shares of Britvic Plc in a research note on Thursday, May 25th. Whitman Howard reiterated a buy rating and set a GBX 800 ($10.34) price target on shares of Britvic Plc in a research note on Friday, May 19th. Goldman Sachs Group, Inc. (The) increased their price target on Britvic Plc from GBX 609 ($7.87) to GBX 615 ($7.95) and gave the stock a neutral rating in a research note on Monday, May 15th. Berenberg Bank downgraded Britvic Plc to a hold rating and set a GBX 725 ($9.37) price target for the company. in a research note on Thursday, April 20th. Finally, Jefferies Group LLC increased their price target on Britvic Plc from GBX 600 ($7.75) to GBX 620 ($8.01) and gave the stock a hold rating in a research note on Wednesday, April 5th. Ten equities research analysts have rated the stock with a hold rating and six have issued a buy rating to the company’s stock. Britvic Plc presently has an average rating of Hold and an average target price of GBX 667.64 ($8.63).
Britvic Plc (LON:BVIC) opened at 697.00 on Wednesday. The company has a 50-day moving average price of GBX 689.62 and a 200-day moving average price of GBX 627.37. The firm’s market cap is GBX 1.83 billion. Britvic Plc has a 1-year low of GBX 521.00 and a 1-year high of GBX 742.00.
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The firm also recently declared a dividend, which will be paid on Friday, July 14th. Shareholders of record on Thursday, June 1st will be issued a GBX 7.20 ($0.09) dividend. The ex-dividend date is Thursday, June 1st. This represents a dividend yield of 1%.
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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