Britvic Plc (LON:BVIC) had its price target decreased by analysts at Jefferies Group from GBX 650 ($8.12) to GBX 580 ($7.25) in a research report issued to clients and investors on Monday. The brokerage currently has a “hold” rating on the stock. Jefferies Group’s price target points to a potential upside of 3.94% from the stock’s previous close.
A number of other research analysts have also recently issued reports on the stock. Barclays PLC reiterated an “overweight” rating and issued a GBX 710 ($8.87) target price on shares of Britvic Plc in a research note on Friday, October 7th. Morgan Stanley began coverage on shares of Britvic Plc in a research report on Tuesday, August 2nd. They issued an “equal weight” rating and a GBX 650 ($8.12) price objective for the company. JPMorgan Chase & Co. restated an “underweight” rating and issued a GBX 590 ($7.37) price objective on shares of Britvic Plc in a research report on Monday, July 25th. Goodbody restated a “buy” rating on shares of Britvic Plc in a research report on Thursday, August 11th. Finally, Royal Bank Of Canada restated a “sector performer” rating and issued a GBX 640 ($8.00) price objective on shares of Britvic Plc in a research report on Friday, September 9th. Ten equities research analysts have rated the stock with a hold rating and seven have assigned a buy rating to the company’s stock. The stock currently has an average rating of “Hold” and a consensus target price of GBX 694.53 ($8.68).
Britvic Plc (LON:BVIC) traded up 0.99% during mid-day trading on Monday, hitting GBX 563.50. The stock had a trading volume of 607,957 shares. Britvic Plc has a 1-year low of GBX 553.00 and a 1-year high of GBX 740.50. The company has a 50-day moving average price of GBX 568.03 and a 200 day moving average price of GBX 622.22. The company’s market cap is GBX 1.48 billion.