Britvic (LON:BVIC) Stock Rating Reaffirmed by Deutsche Bank
Deutsche Bank restated their buy rating on shares of Britvic (LON:BVIC) in a research note released on Friday morning, ThisIsMoney.Co.Uk reports.
Other equities research analysts have also issued reports about the company. Jefferies Financial Group restated a hold rating on shares of COMPASS GRP PLC/S in a report on Tuesday, April 9th. Investec upgraded shares of Britvic to a buy rating and boosted their price objective for the stock from GBX 875 ($11.43) to GBX 1,025 ($13.39) in a research note on Friday, May 24th. Citigroup upgraded shares of Copa from a neutral rating to a buy rating in a research note on Thursday, May 9th. HSBC set a $46.00 price objective on shares of Aqua America and gave the stock a buy rating in a research note on Friday, June 28th. Finally, Berenberg Bank restated a sell rating and issued a GBX 600 ($7.84) price objective on shares of in a research note on Wednesday, June 5th. Nine research analysts have rated the stock with a hold rating and five have given a buy rating to the company’s stock. The stock has a consensus rating of Hold and a consensus target price of GBX 940.58 ($12.29).
BVIC opened at GBX 908.50 ($11.87) on Friday. The stock has a 50 day moving average of GBX 892.01. Britvic has a twelve month low of GBX 740.50 ($9.68) and a twelve month high of GBX 968.50 ($12.66). The company has a current ratio of 0.79, a quick ratio of 0.57 and a debt-to-equity ratio of 207.23. The firm has a market cap of $2.41 billion and a price-to-earnings ratio of 20.42.
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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