Deutsche Bank Reiterates Britvic PLC (LON:BVIC) As a “Buy”; They Now Have a PT Of GBX 970.00

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Britvic PLC (LON:BVIC) Rating Reaffirmed

They currently have a GBX 970.00 PT on Britvic PLC (LON:BVIC). The target price by Deutsche Bank would suggest a potential upside of 15.41 % from the company’s previous stock close. This has been disclosed in an analyst note on Friday, 30 November.

Britvic plc (LON:BVIC) Ratings Coverage

Among 9 analysts covering Britvic PLC (LON:BVIC), 6 have Buy rating, 0 Sell and 3 Hold. Therefore 67% are positive. Britvic PLC has GBX 970 highest and GBX 730 lowest target. GBX 854.13’s average target is -0.28% below currents GBX 856.5 stock price. Britvic PLC had 16 analyst reports since June 7, 2018 according to SRatingsIntel. The rating was maintained by Goldman Sachs on Thursday, September 6 with “Neutral”. Shore Capital upgraded Britvic plc (LON:BVIC) on Thursday, November 29 to “Buy” rating. The stock of Britvic plc (LON:BVIC) earned “Hold” rating by Shore Capital on Tuesday, October 23. The stock of Britvic plc (LON:BVIC) has “Hold” rating given on Monday, August 6 by Jefferies. The rating was maintained by Deutsche Bank with “Buy” on Friday, July 6. The stock of Britvic plc (LON:BVIC) earned “Hold” rating by Numis Securities on Tuesday, July 24. The stock of Britvic plc (LON:BVIC) earned “Buy” rating by Deutsche Bank on Friday, July 20. The firm has “Buy” rating given on Thursday, November 29 by UBS. Berenberg maintained Britvic plc (LON:BVIC) rating on Tuesday, August 14. Berenberg has “Buy” rating and GBX 900 target. The rating was maintained by Societe Generale on Thursday, June 7 with “Buy”.

The stock increased 1.06% or GBX 9 during the last trading session, reaching GBX 856.5. About 1.22 million shares traded or 59.10% up from the average. Britvic plc (LON:BVIC) has 0.00% since December 2, 2017 and is . It has underperformed by 15.62% the S&P500.

Britvic plc, together with its subsidiaries, makes, markets, and distributes soft drinks primarily in the United Kingdom, the Republic of Ireland, France, and Brazil. The company has market cap of 2.26 billion GBP. The firm offers soft drinks comprising sparkling sodas, juice drinks, ice tea, squash, syrups, mineral water, mixers, energy drinks, liquid concentrates, and ready-to-drink nectar drinks under the 7Up, Ballygowan, Britvic, C&C, Club Mixers, Club Orange, DaFruta, Drench, Energise Sport, Fruit Shoot, Gatorade, J2O, Lipton, Maguary, MiWadi, Mountain Dew, Pepsi Max, Purdey's, R Whites, Robinsons, Tango, Teisseire, TK, Fruit??, Moulin de Valdonne, and Pressade brands. It has a 21.31 P/E ratio. It also supplies water-coolers and bottled water; wholesales soft drinks to the licensed trade; and offers financing services.

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